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    Macroeconomics Study Set 12
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    Exam 9: Inflation: Its Causes and Cures
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    The Slope of the SP Curve Is Determined in Large
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The Slope of the SP Curve Is Determined in Large

Question 20

Question 20

Multiple Choice

The slope of the SP curve is determined in large part by the


A) rate of increase in mark-ups.
B) the slope of the LP curve.
C) the level of Pe.
D) the level of fixed real wage.

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