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    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    -In the Above Figure, If the Economy Moves from Point
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-In the Above Figure, If the Economy Moves from Point

Question 394

Question 394

Multiple Choice

  -In the above figure, if the economy moves from point A to point E A)  money wage rates have increased. B)  there may have been demand-pull inflation. C)  there has been economic growth. D)  Both answers A and B are correct.
-In the above figure, if the economy moves from point A to point E


A) money wage rates have increased.
B) there may have been demand-pull inflation.
C) there has been economic growth.
D) Both answers A and B are correct.

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