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Question 3 With the aid of diagrams, distinguish between cost-push and demand-pull inflation. (6 marks) How can a government use fiscal policy to control rising

Question 3

With the aid of diagrams, distinguish between cost-push and demand-pull inflation.

(6 marks)

How can a government use fiscal policy to control rising inflation rates? (6 marks)

Explain FOUR (4) costs of inflation to the Jamaican economy. (8 marks)

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