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    Exam 30: Inflation Expectations and Stabilization Policies
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    When Businesses and Workers Start to Expect Higher Inflation
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When Businesses and Workers Start to Expect Higher Inflation

Question 84

Question 84

Multiple Choice

When businesses and workers start to expect higher inflation:


A) prices and wages tend to fall.
B) output tends to rise.
C) the economy moves into recession.
D) prices and wages tend to rise.

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