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Inflation and Stagflation

Question 8 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

When people have more money and eagerly spend it, this increases .This leads to inflation.When the prices of raw materials or labor increase, this causes an increase in , resulting in for consumers.

Answer
A
higher prices
B
lower prices
C
increased demand
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