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Retnec Retnec
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7 years ago
"The inflation seemed to be the result of optimistic consumers, who were willing to borrow against the escalating value of their homes and use the proceeds to buy furniture, automobiles, and a host of other products." This quote describes
A) demand-pull inflation.
B) cost-push inflation.
C) structural inflation.
D) expenditure inflation.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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Retnec Author
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7 years ago
Thanks for your help!!
sakoon
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Yesterday
this is exactly what I needed
Jadakiss
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2 hours ago
You make an excellent tutor!
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