An Introduction to Regional Economics Edgar M. Hoover and Frank Giarratani 1.1 WHAT IS REGIONAL EC f changes that take place in these systems are of imately the social and political fabric of serve. For some people that reaction is ustmen
11-1: utput, Unemployment, and Inflation 11-2: The Medium Run 11-3: Disinflation: A First Pass 11-4: Expectations, Credibility, and Nominal Contracts 11-5: The U.S. Disinflation, 1979 to 1985