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Continuous Inflation in the Long Run Requires Repeated ________ Shifts

Question 41

Multiple Choice

Continuous inflation in the long run requires repeated ________ shifts of the AD curve caused by a continuous increase in the ________.


A) leftward;government expenditures
B) rightward;nominal money supply
C) inward;nominal money supply
D) None of the above,inflation is primarily a supply side phenomenon.

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