Why do you think the chairmen made these statements

Reference no: EM131221870

In 2006, Ben Bernanke said the goals of strong output growth and low inflation "are almost always consistent with each other." Alan Greenspan once called the trade-off between output and inflation "ephemeral."

a. Are these statements accurate? Explain.

b. Why do you think the chairmen made these statements?

Reference no: EM131221870

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