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If the Government Adopts a Hands-Off Approach to Cost-Push Inﬂation

Question 133

Multiple Choice

If the government adopts a hands-off approach to cost-push inﬂation in the economy, then in the short run there is likely to be

A) a rise in real output.
B) a fall in unemployment.
C) an inﬂationary spiral.
D) a recession.

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