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When experiencing stagflation, a monetary policy [ Select ] [hawk, eagle, dove, sparrow] will want to conduct contractionary policy, resulting in a [ Select ]
When experiencing stagflation, a monetary policy [ Select ] ["hawk", "eagle", "dove", "sparrow"] will want to conduct contractionary policy, resulting in a [ Select ] ["lower", "higher"] inflation rate and a [ Select ] ["lower", "higher"] unemployment rate due to a [ Select ] ["rightward", "leftward"] shift of the [ Select ] ["LRAS", "AD", "SRAS"] curve.
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