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    Exam 12: The Business Cycle, Inflation, and Deflation
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    In a Demand-Pull Inflation Brought About by Increases in the Quantity
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In a Demand-Pull Inflation Brought About by Increases in the Quantity

Question 26

Question 26

Multiple Choice

In a demand-pull inflation brought about by increases in the quantity of money, real GDP might increase at times because


A) tax rates decline.
B) real wages fall.
C) money wages fall.
D) real wages rise.

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