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Business, 25.10.2019 02:43 dieguezisabel

How does the dynamic model of aggregate supply and aggregate demand explain inflation?
a. by showing that if total production in the economy grows faster than total spending, prices will rise
b. by showing that increases in labor productivity usually lead to increases in prices
c. by showing that if total spending in the economy grows faster than total production, prices will rise
d. none of the above.

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How does the dynamic model of aggregate supply and aggregate demand explain inflation?
a. by...
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