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    Macroeconomics Principles Study Set 1
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    Exam 9: Aggregate Demand and Supply
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    _____ Inflation Occurs When a Supply Shock Reduces Aggregate Supply
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_____ Inflation Occurs When a Supply Shock Reduces Aggregate Supply

Question 19

Question 19

Multiple Choice

_____ inflation occurs when a supply shock reduces aggregate supply.


A) Cost-push
B) Demand-pull
C) Sticky
D) Demand-push

Correct Answer:

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