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Business, 20.12.2019 04:31 Kicanty20

A. if you get a wage increase of 4%, but inflation is 5%, your real income (purchasing power) goes down. b. cost push inflation is caused by a rightward shifting aggregate supply curve c. demand pull inflation occurs as a result of a decrease in total spending d. technological progress is likely to cause inflation.

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A. if you get a wage increase of 4%, but inflation is 5%, your real income (purchasing power) goes d...
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