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    Exam 28: Inflation: Causes and Consequences
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    New Classical Economists Believe That the Best Way to Reduce
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New Classical Economists Believe That the Best Way to Reduce

Question 55

Question 55

Multiple Choice

New classical economists believe that the best way to reduce inflation is to


A) do so gradually.
B) do so all at once.
C) use wage and price guidelines.
D) bring on a recession, which gradually reduces cost-push inflation.

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