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In the Short Run, Unanticipated Inflation Typically Leads to

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In the short run, unanticipated inflation typically leads to

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Definitions:

U.S. Senator

A member of the United States Senate, one of the two chambers of the United States Congress, elected to represent their state for a term of six years.

Illinois

A state located in the Midwestern region of the United States, known for its diverse economic base and as being home to the city of Chicago.

1858

The year notable for several historical events, such as the Lincoln-Douglas debates during the Illinois senatorial campaign, which had a significant impact on the anti-slavery movement in the United States.

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