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Given a macroeconomic environment where output-gap inflation is 1%, expected inflation is 2%, and supply-shock inflation is 4%, the actual inflation is equal to Question

Given a macroeconomic environment where output-gap inflation is 1%, expected inflation is 2%, and supply-shock inflation is 4%, the actual inflation is equal to Question content area bottom Part 1 A. 5%. B. 6%. C. 7%. D. 3%. E. 1

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