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Which among the given options is not a critical analysis of Volcker's policies?

1. His policies were able to quell inflation to a large extent
2. His policies created a recession in the country
3. His policies are widely regarded to be highly perceptive
4. His policies included raising of federal funds rates

Correct answer: His policies are widely regarded to be highly perceptive

Solution

A critical analysis points out drawbacks or consequences of the policy. The option saying the policies are “widely regarded to be highly perceptive” is positive, not critical, so it is the correct choice.

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