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Use the Figure Below to Answer the Following Questions

Question 7

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 28.2.2 -Refer to Figure 28.2.2. Complete the following sentence. The figure illustrates A) cost-push inflation. B) demand-pull inflation. C) a cost-push inflation spiral. D) a one-time rise in the price level. E) a deflation.
Figure 28.2.2
-Refer to Figure 28.2.2. Complete the following sentence. The figure illustrates


A) cost-push inflation.
B) demand-pull inflation.
C) a cost-push inflation spiral.
D) a one-time rise in the price level.
E) a deflation.

Correct Answer:

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