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20. Demand-side inflation most likely to occur when the economy Group of answer choices a. Is approaching or operating at full employment. b. Has an

20. Demand-side inflation most likely to occur when the economy

Group of answer choices

a. Is approaching or operating at full employment.

b. Has an aggregate demand curve shifting to the left.

c. Has a horizontal aggregate supply curve.

d. Has labor productivity rising faster than wages.

e. Has substantial excess capacity.

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