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Question 4: In the year 2020, the Republic of Kangor experienced rising inflation rates caused by government restrictions that allowed businesses to operate at only
Question 4: "In the year 2020, the Republic of Kangor experienced rising inflation rates caused by government restrictions that allowed businesses to operate at only 30 percent of the workforce. These restrictions were the result of the Covid-19 pandemic." (a) Using an AD-AS diagram, illustrate & explain the type of inflation described above
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