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vellojo vellojo
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Posts: 2982
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7 years ago
In a demand-pull inflation, money wage rates rise because
A) a decrease in aggregate demand creates a labor surplus.
B) an increase in aggregate demand creates a labor shortage.
C) a decrease in aggregate demand creates a labor shortage.
D) an increase in aggregate demand creates a labor surplus.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
amishamish
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Posts: 475
7 years ago
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vellojo Author
wrote...
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
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