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Keynesian policies are ineffective at combating stagflation because stagflation is caused by:
Persuasion
The process of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, messaging, or appeal.
Factors
Variables or elements that contribute to a particular outcome or situation.
Attitudes
A settled way of thinking or feeling about someone or something, typically reflected in a person's behavior.
Method
A systematic and orderly procedure or process for achieving a goal or conducting an investigation.
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