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Economists Agree That at Least in the Short Run Disinflation

Question 5

Multiple Choice

Economists agree that at least in the short run disinflation


A) leads to a period of higher unemployment. They also agree that the costs of even moderate inflation is high.
B) leads to a period of higher unemployment. They disagree about the cost of moderate inflation.
C) leads to a period of lower unemployment. They also agree that the cost of even moderate inflation is high.
D) leads to a period of lower unemployment. They disagree about the cost of moderate inflation.

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