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Question 1
Background
Assume that in 2015 the economy expanded (in expansion phase of business cycle).
Further assume that net injecti ...
Product code:- Macro-Economics-PH96
By comparison of the 'absolute income' and 'permanent income' theorie ...
Product code Economicsmacro-Quizlet104
1Q- _____________Likely to cause demand pull inflation.
2Q-Supply side shock for the uk economy___________.
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