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Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895 Exercise 22
The inflationary expenditure gap depicted will cause:
A) demand-pull inflation.
B) cost-push inflation.
C) cyclical unemployment
D) frictional unemployment.
Explanation
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Options c. and d. are incorrect because ...
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
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