Can you explain why both of these phenomena occurred, Macroeconomics

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Can you explain why both of these phenomena occurred

Problem

The Great Depression undermined the credibility of the classical view. Correspondingly, the high rates of inflation and unemployment during the 1970s undermined the Keynesian view. Can you explain why both of these phenomena occurred?

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: Can you explain why both of these phenomena occurred

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