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    Macroeconomics Study Set 30
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    Exam 8: Inflation
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    If Some Goods' Prices Adjust More Quickly Than Others, There
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If Some Goods' Prices Adjust More Quickly Than Others, There

Question 33

Question 33

Multiple Choice

If some goods' prices adjust more quickly than others, there is:


A) a perfect short-run allocation of resources
B) a short-run misallocation of resources
C) no inflation
D) a hyperinflation
E) a deflation

Correct Answer:

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