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In the early 1 9 8 0 s , in order to fight q , , the Fed implemented q , , which then caused

In the early 1980 s, in order to fight q,, the Fed implemented q,, which then caused a brief recession called the Volcker recession.
rising inflation, contractionary monetary policy
rising inflation, expansionary monetary policy
rising unemployment, expansionary monetary policy
rising unemployment, contractionary monetary policy
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