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    Macroeconomics Principles Applications
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    Exam 16: The Dynamics of Inflation and Unemployment
  5. Question
    When People Expect Inflation, They Assume That Prices Are Going
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When People Expect Inflation, They Assume That Prices Are Going

Question 104

Question 104

True/False

When people expect inflation, they assume that prices are going to increase at a certain rate and factor this into their decision making.

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