Illustrate what will decide whether it can in remaining yrs

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Q. In the period 1997-1999, the RDGP growth rate in the US averaged 4% per year, while inflation rates remained at or below 2% per year. In the latter half of the 1970's, by contrast, inflation rates accelerated markedly even though Yearly growth in RGDP did not exceed 3%. Now that the US economy has fully recovered from the recent recession, illustrate what will decide whether it can in the remaining years of this decade sustain a strong growth performance similar to 1997 to 1999 without triggering a noticeable acceleration of inflation.

Reference no: EM1374074

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