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By itself, a supply shock, such as a hike in the price of oil, can Group of answer choices not result in persisting inflation. be

By itself, a supply shock, such as a hike in the price of oil, can Group of answer choices not result in persisting inflation. be inflationary as long as there is no policy response. result in persisting inflation if aggregate supply persistently increases. result in a persisting wage-price spiral. cause real GDP to permanently decrease year after year

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