Why do you think the fed kept it so high


Problem

From 1982 through 1985, the Federal funds rate averaged almost 10% even though the inflation rate for that period was 3.8%. Why do you think the Fed kept it so high?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why do you think the fed kept it so high
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