When inflation and unemployment fell together in the 1990s, some observers claimed that policy makers no longer

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When inflation and unemployment fell together in the 1990s, some observers claimed that policy makers no longer faced a trade-off between inflation and unemployment. Were they correct?

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Sep 01, 2012 02:48 AM

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When inflation and unemployment fell together in the 1990s, some observers claimed that policy makers no longer

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When unemployment and inflation were both falling in the 1990s it was because aggregate ...View the full answer

Macroeconomics Principles And Policy

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