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In the Summer of 1999, the FOMC Became Concerned That

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Question 95
Multiple Choice
arrowQuestion 95arrow
Multiple Choice

In the summer of 1999, the FOMC became concerned that ____


A) robust economic growth would trigger higher inflation.
B) robust economic growth would trigger deflation.
C) weak economic growth would trigger higher inflation.
D) weak economic growth would trigger deflation.
E) interest rates were volatile.

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