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    Macroeconomics Study Set 43
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    Exam 16: B: Long-Run Macroeconomic Adjustments
  5. Question
    Demand-Pull Inflation in the Short Run Increases the Price Level
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Demand-Pull Inflation in the Short Run Increases the Price Level

Question 61

Question 61

Multiple Choice

Demand-pull inflation in the short run increases the price level and:


A) real wages.
B) real output.
C) unemployment.
D) nominal wages.

Correct Answer:

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