In 1981, the Fed
A)took no action so that the inflation rate skyrocketed.
B)publicly announced an inflation reduction policy and created a recession.
C)created an unexpected inflation reduction policy and created an expansion.
D)publicly announced an inflation reduction policy and created an expansion.
E)created an unexpected inflation reduction policy and created a recession.

Question

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The Answer of In 1981, the Fed
A)took no action so that the inflation rate skyrocketed.
B)publicly announced an inflation reduction policy and created a recession.
C)created an unexpected inflation reduction policy and created an expansion.
D)publicly announced an inflation reduction policy and created an expansion.
E)created an unexpected inflation reduction policy and created a recession.