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Because Policies in the United States Were Too Expansionary from 1965

Question 8

Multiple Choice

Because policies in the United States were too expansionary from 1965 through 1973,the U.S. suffered


A) demand-pull inflation.
B) cost-push inflation,as workers sought higher wages in order to keep up with inflation.
C) both demand-pull and cost-push inflation.
D) neither demand-pull nor cost-push inflation.

Correct Answer:

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