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12th Grade Cost Push Inflation Quizzes, Questions & Answers
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12th Grade
Top Trending Cost Push Inflation Quizzes
IB Economics HL. Definitions QUIZ. Section 3. Macroeconomics. Inflation, unemployment, income distribution.
Questions: 23 | Attempts: 327 | Last updated: Mar 22, 2025
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Sample Question 1"Inflation that occurs as a result of an increase in costs of production" What kind of inflation is this?
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Sample Question 2When short run aggregate supply contracts and price level increases simultaneously (that is, when inflation rate is high and real output decreases / economic growth is low), this is known as
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Sample Question 3"People of working age who are without work, but willing to, able to, and actively seeking work" Is such a definition acceptable for the concept of unemployment?
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