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Assume Joe Biden is able to increase the federal minimum wage from $7.25 per hour to $15 per hour. Due to this policy, inflation increases

Assume Joe Biden is able to increase the federal minimum wage from $7.25 per hour to $15 per hour. Due to this policy, inflation increases by 2%. This is an example of Group of answer choices Demand-pull inflation Disinflation Cost-push inflation Hyperinflation

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