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A wage-price spiral can occur if ______. The most famous instance of hyperinflation occurred in ______. Multiple choice question. US in the Great Recession Germany

A wage-price spiral can occur if ______. The most famous instance of hyperinflation occurred in ______. Multiple choice question. US in the Great Recession Germany during the 1920s Post WWII France choice question. wages are rising to stay ahead of expected deflation wages are rising to stay ahead of expected inflation wages are rising due to productivity gains in production

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