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Assume the aggregate demand of an economy is rising at 3%, but its productive capacity is only rising at 2%.Discuss the type of inflation this
Assume the aggregate demand of an economy is rising at 3%, but its productive capacity is only rising at 2%.Discuss the type of inflation this would lead to. Use a diagram to motivate your answer.
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Environmental Economics
Authors: Stephen Smith
6th Edition
0199583587, 9780199583584
