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Why did the inflation rate rise from 2 percent during the 1960s to 7 percent during the 1970s? Because _______. A. the velocity of circulation
Why did the inflation rate rise from 2 percent during the 1960s to 7 percent during the 1970s? Because _______. A. the velocity of circulation of M2 increased B. the Fed lowered interest rates. C. the Fed lost control of the unemployment rate D. the growth rate of M2 increased
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