Re: inflation vs employment

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Article #1770

#1770

From: William B Dwinnell
Date: Tue, 26 Jan 1993 02:32

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Historically, it was believed at one time that you had your choice:
inflation of prices, or unemployment. When both came at the same
time, people were shocked at the resulting "stagflation".

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Path: arc1-ca.pugleaf.net!sparky!uunet!zaphod.mps.ohio-state.edu!pitt.edu!wbdst
From: wbdst+@pitt.edu (William B Dwinnell)
Newsgroups: sci.econ
Subject: Re: inflation vs employment
Message-ID: <2513@blue.cis.pitt.edu>
Date: 26 Jan 93 02:32:16 GMT
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