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Key Terms:
stabilization
policies, demand management, fiscal policy (FP),
expansionary FP, contractionary FP, monetary policy
(MP), easy (expansionary) MP, tight
(contractionary) MP, supply-side policy, Laffer
curve, stagflation, aggregate supply shocks, short
run, long run, long-run AS, Phillips curve,
long-run Phillips Curve, the Great Depression,
disinflation
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