Word: economistsâ
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Dates: during 1969-1969
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...either a recession or a continued boom "a long shot." By his handicapping, the Government stands a 50% chance of bringing the inflation rate down to about 4% without causing a politically unacceptable rise in unemployment. Still, Okun insists?as do the other members of TIME's Board of Economists???that it is high time the Federal Reserve eased its monetary brakes...
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