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The Case in Point titled Some Reflections on the 1970s describes the changes in iflation and in unemployment in 1970 and 1971 as a watershed

The Case in Point titled "Some Reflections on the 1970s" describes the changes in iflation and in unemployment in 1970 and 1971 as a watershed development for macroeconomic thought. Why was an increase in unemployment such a significant vent

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