Explanation for stagflation

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Which of the following is not an explanation for stagflation?

A) Stabilization policies and FED intervention created an inflationary bias over time, which required higer rates of unemploymentto retsrain inflation.

B) The Phillips Curve

C) Supply-Side Economics

D) The Expectations-Augmented Phillips Curve

E) Monetarism

Reference no: EM131169363

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