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    Economics Study Set 7
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    Exam 11: Macroeconomic Equilibrium: Aggregate Demand and Supply
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    When the Actual Inflation Rate Rises More Rapidly Than Nominal
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When the Actual Inflation Rate Rises More Rapidly Than Nominal

Question 62

Question 62

True/False

When the actual inflation rate rises more rapidly than nominal wage rates, we would expect the short-run aggregate supply curve to shift to the right.

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