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    Exam 6: Modelling Real Gdp and the Price Level in the Long Run
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    Persistent Inflation in an Economy Is Only Possible If
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Persistent Inflation in an Economy Is Only Possible If

Question 17

Question 17

Multiple Choice

Persistent inflation in an economy is only possible if


A) supply issues come into full effect.
B) the AD curve shifts to the left over time.
C) the supply side is dominant.
D) the AD curve shifts to the right over time.

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