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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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