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  3. Study Set
    Principles of Economics Study Set 1
  4. Exam
    Exam 27: Aggregate Demand, Aggregate Supply, and Inflation
  5. Question
    An Example of an Adverse Inflation Shock Is
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An Example of an Adverse Inflation Shock Is

Question 119

Question 119

Multiple Choice

An example of an adverse inflation shock is:


A) an increase in interest rates.
B) an increase in government purchases.
C) a significant rise in oil prices.
D) a tax increase.

Correct Answer:

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