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  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    Demand-Pull Inflation Occurs When
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Demand-Pull Inflation Occurs When

Question 35

Question 35

Multiple Choice

Demand-pull inflation occurs when


A) aggregate demand increases persistently.
B) aggregate supply and aggregate demand decrease persistently.
C) the government increases its expenditures.
D) oil prices increase substantially.

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