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    Principles of Macroeconomics Study Set 12
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    Exam 7: Unemployment, Inflation, and Long-Run Growth
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    In Which of the Following Conditions Is the Inflation Rate
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In Which of the Following Conditions Is the Inflation Rate

Question 251

Question 251

Multiple Choice

In which of the following conditions is the inflation rate likely to fall and the unemployment rate likely to rise?


A) hyperinflation
B) recession
C) boom
D) stagflation

Correct Answer:

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