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1) Who is Paul Volker? What is he most known for? 2) Describe the relationship between unemployment and inflation. 3) What are some explanations for

1) Who is Paul Volker? What is he most known for?

2) Describe the relationship between unemployment and inflation.

3) What are some explanations for the flattening of the Phillips Curve?

4) Do you agree with Paul Volker that we need better, stronger, supervisory powers for our financial institutions? Please explain

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