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Suppose in an election year the economy started to slow down. At the same time, clear signs of inflationary pressures were apparent. How might the
Suppose in an election year the economy started to slow down. At the same time, clear
signs of inflationary pressures were apparent. How might the central bank with a primary
goal of price stability react? How might members of the incumbent political party who
are up for re-election react?
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