Which of the following best describes the inflation rate?
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Which of the following best describes the new approach that Paul Volker took to solve the stagflation problem that existed around 1980?
A.He first moved to deal with unemployment causing an increase in inflation and over time as the economy adjusted we ended up with less inflation and unemployment
B.He first moved to deal with both inflation and unemployment at the same time and overtimes the economy adjusted we ended up with less inflation and unemployment.
C.He used quantitative easing
D.He first moved to deal with inflation causing an increase in unemployment and over time the economy adjusted we ended up with less inflation and unemployment
Which of the following best describes competition?
Ā