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Economics - Pathways
Inflation and Stagflation
Question 1
1
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Inflation and Stagflation
Question 1 • Economics - Pathways
When people have more money and eagerly spend it, this increases .This leads to inflation.When the prices of raw materials or labor increase, this causes an increase in , resulting in for consumers.
Answer
A
supply
B
demand
C
the cost of production
Question 1
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