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  3. Study Set
    Macroeconomics Study Set 40
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    Exam 12: U.S. Inflation, Unemployment, and Business Cycle
  5. Question
    Demand- Pull Inflation Occurs When
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Demand- Pull Inflation Occurs When

Question 63

Question 63

Multiple Choice

Demand- pull inflation occurs when


A) aggregate supply and aggregate demand decrease persistently.
B) oil prices increase substantially.
C) the government increases its expenditures.
D) aggregate demand increases persistently.

Correct Answer:

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