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  3. Study Set
    Macroeconomics Study Set 17
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    Exam 10: Economic Growth, the Financial System, and Business Cycles
  5. Question
    Describe What Happens to Inflation During the Business Cycle
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Describe What Happens to Inflation During the Business Cycle

Question 65

Question 65

Essay

Describe what happens to inflation during the business cycle.Give an intuitive explanation as to why inflation changes the way it does over the business cycle.

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Inflation will rise during an expansion ...

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