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    Exam 26: The Macroeconomic Environment of Business
  5. Question
    Inflation Caused by a Cut in Income Tax Is an Example
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Inflation Caused by a Cut in Income Tax Is an Example

Question 142

Question 142

Multiple Choice

Inflation caused by a cut in income tax is an example of


A) demand- pull inflation.
B) expectations- generated inflation.
C) hyperinflation.
D) cost- push inflation.

Correct Answer:

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