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14. Inflation Group of answer choices a. Means demand is falling and supply is rising. b. Is a general upward movement in the average level
14. Inflation
Group of answer choices
a. Means demand is falling and supply is rising.
b. Is a general upward movement in the average level of prices
c. Increases the value of the money supply.
d. Rarely affects the distribution of income or wealth.
e. Is generally highest when there is plenty of excess capacity and unemployed resources.
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