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Which of these was a lesson that economists learned from the battle with stagflation in the late 1970s and early 1980s? a. Interest rates are
Which of these was a lesson that economists learned from the battle with stagflation in the late 1970s and early 1980s? a. Interest rates are more important than the money supply at a national level. b. High inflation rates are more devastating to a society than high unemployment rates. O c. Unemployment rates and inflation rates move in opposite directions. Od. The money supply matters and has a very real impact on economic activity
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