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    Exam 10: Measuring Macroeconomic Variables and Policy Issues
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    A Sharp Rise in Fuel Prices Increases the General Price
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A Sharp Rise in Fuel Prices Increases the General Price

Question 94

Question 94

Multiple Choice

A sharp rise in fuel prices increases the general price level in an economy. This is an example of:


A) cost push inflation.
B) demand pull inflation.
C) stagflation.
D) deflation.

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