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    Exam 32: Inflation
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    The Severe Oil Shortages of the 1970s Created
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The Severe Oil Shortages of the 1970s Created

Question 8

Question 8

Multiple Choice

The severe oil shortages of the 1970s created:


A) cost push inflation.
B) demand pull inflation.
C) a recession.
D) the velocity of money to rise.

Correct Answer:

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