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Refer to the Diagram

Question 92

Multiple Choice

  Refer to the diagram. Point b would be explained by A)  an actual rate of inflation that exceeds the expected rate. B)  an actual rate of inflation that is less than the expected rate. C)  cost-push inflation. D)  an increase in long-run aggregate supply. Refer to the diagram. Point b would be explained by


A) an actual rate of inflation that exceeds the expected rate.
B) an actual rate of inflation that is less than the expected rate.
C) cost-push inflation.
D) an increase in long-run aggregate supply.

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