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Loraine Loraine
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8 years ago
Initially, demand-pull inflation will
A) increase the price level and not change real GDP.
B) increase both the price level and increase real GDP.
C) increase the price level and decrease real GDP.
D) shift the aggregate supply curve rightward.
E) decrease potential GDP.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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