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    Modern Principles Macroeconomics
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    Exam 13: Business Fluctuations
  5. Question
    An Increase in Consumer Pessimism Will Lead to Increased Inflation
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An Increase in Consumer Pessimism Will Lead to Increased Inflation

Question 75

Question 75

Multiple Choice

An increase in consumer pessimism will lead to increased inflation in:


A) the short run only.
B) the long run only.
C) both the short run and the long run.
D) neither the short run nor the long run.

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