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29 Sep 2019
According to the dynamic AD-AS model, what is the most common cause of inflation?
(i) There is too much spending in the economy increasing at a faster rate than total production
(ii) The increase in aggregate demand is greater than the increase in the long-run aggregate supply
(iii) Rise in the input prices
(iv) All of the above
According to the dynamic AD-AS model, what is the most common cause of inflation?
(i) There is too much spending in the economy increasing at a faster rate than total production
(ii) The increase in aggregate demand is greater than the increase in the long-run aggregate supply
(iii) Rise in the input prices
(iv) All of the above
Verified Answer
Tod ThielLv2
12 Mar 2019
Jeffrey
JD Candidate at Stanford Law School23 Apr 2020
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