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At first the Reagan economic plan looked like it would fail. To kill inflation the Federal Reserve raised ________ rates but tight money policy caused recession and kept ____________ at 11%. Even __________ lawmakers urged Reagan to return to Keynesian economics and reduce the Pentagon's budget. But Reagan famously "____ the course" and it paid off. But 1983 inflation had faded and in the year ____ the economy ____ by and fantastic 4.25%
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