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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 Aggregate Demand Expands So Much That
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_____ Inflation Occurs When Aggregate Demand Expands So Much That

Question 226

Question 226

Multiple Choice

_____ inflation occurs when aggregate demand expands so much that equilibrium output exceeds full employment output.


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

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