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Question 3 3 pts Assume Joe Biden is able to increase the federal minimum wage from $7.25 per hour to $15 per hour. Due to

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Question 3 3 pts 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 Cost-push inflation Disinflation Demand-pull inflation O Hyperinflation

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