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Match the following terms with their definitions: Keynesian A. source of stagflation Say's Law B. tax cuts as a stimulus to aggregate supply Supply-siders C.
Match the following terms with their definitions:
- Keynesian A. source of stagflation
- Say's Law B. tax cuts as a stimulus to aggregate supply
- Supply-siders C. high inflation and high unemployment
- Neoclassicists D. bubble bursts
- Phillips curve E. trade-off
- Deflation F. demand management
- Stagflation (definition) G. supply creates its own demand
- OPEC-induced oil price increases H. laissez-faire
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