Business, 03.06.2021 20:20 charrsch9909

In 1979, Paul Volcker became Chair of the Federal Reserve. His primary policy goal was to curb U. S. inflation. In the meantime, Congress and the Reagan's administration pursued a policy of tax-cuts. Use the IS-LM model to predict the impact of these policies on U. S. GDP, the interest rate, and inflation in the 1980s.

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In 1979, Paul Volcker became Chair of the Federal Reserve. His primary policy goal was to curb U. S....

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