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    Business
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    Economics-Macroeconomics
  4. Exam
    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    -In the Above Figure, the Economy Is at Point A an Increase
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-In the Above Figure, the Economy Is at Point A an Increase

Question 331

Question 331

Multiple Choice

  -In the above figure, the economy is at point A. An increase in oil prices that sets off a cost-push inflation will initially move the economy from point A to point A)  A, that is, the economy does not change. B)  B. C)  C. D)  D.
-In the above figure, the economy is at point A. An increase in oil prices that sets off a cost-push inflation will initially move the economy from point A to point


A) A, that is, the economy does not change.
B) B.
C) C.
D) D.

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