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During the late 1970s and early 1980s, what monetary policy actions were Federal Reserve Chairman Paul Volker and the Federal Reserve forced into as a

During the late 1970s and early 1980s, what monetary policy actions were Federal Reserve Chairman Paul Volker and the Federal Reserve forced into as a response to the US economy within the context of the time that Paul Volker became Chairman of the Federal Reserve? C. From a historical perspective, was the price the economy paid for Paul Volkers actions worth it? Why or why not? Defend your answer with specifics.

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