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In late 1980, the U.S. Commerce Department released new datashowing inflation was 15%. At the time, the prime rate of interestwas 21%, a record high.

In late 1980, the U.S. Commerce Department released new datashowing inflation was 15%. At the time, the prime rate of interestwas 21%, a record high. However, many investors expected the newReagan 2 answers

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