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  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 9: A: Business Cycles, Unemployment, and Inflation
  5. Question
    How Does Inflation Affect the Economy's Real Level of Output
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How Does Inflation Affect the Economy's Real Level of Output

Question 20

Question 20

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How does inflation affect the economy's real level of output and why does output change in this way?

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Inflation reduces real output.When infla...

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