=+4. During a 2008 interview, then German Finance Minister Peer Steinbrueck said, We have to watch out

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=+4. During a 2008 interview, then German Finance Minister Peer Steinbrueck said, “We have to watch out that in Europe and beyond, nothing like a combination of downward economic [growth] and high inflation rates emerges—something that experts call stagflation.”

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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