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28. Stockman told the U.S. Chamber of Commerce that 'High interest rates, unacceptable levels of current unemployment, lost output, financial strains and rising bankruptcies in
28. "Stockman told the U.S. Chamber of Commerce that 'High interest rates, unacceptable levels of current unemployment, lost output, financial strains and rising bankruptcies in the economy are all unpleasant facts of life, but are all part of the cure, not the problem."" The rationale for this is that recessions can cure: a) inflation b) cyclical downturns c) real growth imbalances d) anomalous unemployment
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