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12. Unemployment and Inflation
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Problem 13
12. Unemployment and Inflation
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12. Unemployment and Inflation / Demand-Pull and Cost-Push Inflation / Problem 12
Problem 12
Which of the following best describes the cause of demand-pull inflation?
A
Decreased supply over constant demand.
B
Decreased demand over constant supply.
C
Excess demand over constant supply.
D
Excess supply over constant demand.
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