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what Why did the “Great Stagflation” present a huge problem to the Keynesian Theory? Why could this theory not explain the phenomenon of stagflation? Summa explain the consequences of a significant distortion of the structure of production relative to consumer preferences. How does the initial crisis or c label and explain the Hayekian Triangle. How does this diagram provide a concise depiction of the process of production in a market economy? Explain t utilize the Hayekian Triangle the loanable funds market and the PPF. What are the consequences of an artificial lowering of the interest rate by the central bank in the Austrian fr the loanable funds market and the PPF. When the cluster of entrepreneurial errors that result from an artificial lowering of the interest rate are rev according to the Austrian School