2. Some events occur and the economy experiences a demand-pull inflation. a. List the events that might

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2. Some events occur and the economy experiences a demand-pull inflation.

a. List the events that might cause a demandpull inflation.

b. Describe the initial effects of a demand-pull inflation.

c. Describe what happens as a demand-pull inflation spiral proceeds.

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Parkin Macroeconomics

ISBN: B0070OLVAC

10th Edition

Authors: Michael Parkin

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