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n early 1980s the Volcker Fed sharply raised interest rates, pushing the US economy into recession. This measure was intended to: Group of answer choices
n early 1980s the Volcker Fed sharply raised interest rates, pushing the US economy into recession. This measure was intended to: Group of answer choices reduce inflation expectations and to shift the short-run Phillips curve downwards reduce inflation expectations and to shift the short-run Phillips curve upwards reduce inflation expectations and to shift the long-run Phillips curve rightwards reduce inflation expectations and to shift the long-run Phillips curve leftwards
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