Faster economic growth in the United States may lead to the serious macroeconomic problem of higher

Name: Faster economic growth in the United States may lead to the serious macroeconomic problem of higher
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Question

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Faster economic growth in the United States often leads to higher levels of demand for goods and services, which in turn can lead to inflation. This increase in demand may also inspire higher prices in labor and materials, which drives up production costs and further fuel inflation.

Faster Economic Growth in the United States May Lead to the Serious