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Imagine that you oversee macroeconomic policy. explain your answers. What are some of the problems, difficulties, or hardships caused by unemployment? What are some of

Imagine that you oversee macroeconomic policy. explain your answers.

  • What are some of the problems, difficulties, or hardships caused by unemployment?
  • What are some of the problems, difficulties, or hardships caused by inflation?
  • If you had to make a choice today between a policy that would head off increases in inflation or increases in unemployment, which one would you choose?

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