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    Macroeconomics Study Set 39
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    Exam 14: Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment
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    Demand-Pull Inflation Is the Result Of
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Demand-Pull Inflation Is the Result Of

Question 108

Question 108

Multiple Choice

Demand-pull inflation is the result of:


A) high aggregate demand.
B) low aggregate demand.
C) favorable supply shocks.
D) adverse supply shocks.

Correct Answer:

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