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14) As a result of the supply-side policy passed by Congress in 1982 and a strict monetary policy: a) the economy moved along a traditional
14) As a result of the supply-side policy passed by Congress in 1982 and a strict monetary policy:
a) the economy moved along a traditional Phillips curve, experiencing disinflation and increased unemployment
b) the economy moved along a positively-sloped "Phillips curve."
c) Unemployment increased
d) the economy experienced disinflation and more employment
e) b) and d)
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