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  3. Study Set
    Principles of Economics Study Set 1
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    Exam 27: Aggregate Demand, Aggregate Supply, and Inflation
  5. Question
    Low Expected Inflation Leads to ________ Increases in Wages and Costs
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Low Expected Inflation Leads to ________ Increases in Wages and Costs

Question 17

Question 17

Multiple Choice

Low expected inflation leads to ________ increases in wages and costs and to ________ actual inflation.


A) large; high
B) large; low
C) small; low
D) small; high

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