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1) In the movie A & P by John Updike, list important dramatic conventions and techniques used. 2) Demand-Pull inflation: a) occurs when prices of
1) In the movie "A & P" by John Updike, list important dramatic conventions and techniques used. 2) Demand-Pull inflation: a) occurs when prices of resources rise, pushing up costs and the price level. b) occurs when total spending exceeds the economy's ability to provide output at the existing price level. C) occurs only when the economy has reached its absolute production capacity. D) is also called cost push inflation. 3) Cost push inflation: a) reduces real output, b) increases real output. C) reduces the unemployment rate. D) raises the natural rate of unemployment
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