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Because Policies in the United States Were Too Expansionary from 1965

Question 49

Multiple Choice

Because policies in the United States were too expansionary from 1965 through 1973,the U.S. suffered


A) demand-pull inflation.
B) cost-push inflation,as workers sought higher wages in order to keep up with inflation.
C) both demand-pull and cost-push inflation.
D) neither demand-pull nor cost-push inflation.

Correct Answer:

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