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    Principles of Economics Study Set 1
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    Exam 27: Aggregate Demand, Aggregate Supply, and Inflation
  5. Question
    Increases in Inflation Redistribute Resources from ________-Spending to ________-Spending Households
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Increases in Inflation Redistribute Resources from ________-Spending to ________-Spending Households

Question 62

Question 62

Multiple Choice

Increases in inflation redistribute resources from ________-spending to ________-spending households and hence, ________ short-run equilibrium output.


A) high; low; increase
B) low; high; increase
C) high; low; decrease
D) low; high; decrease

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