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Sustained Inflation Over Many Years Is Most Likely Due to Increases

question 137

True/False

Sustained inflation over many years is most likely due to increases in the money supply in
Jexcess of increases in potential output.


Definitions:

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Operating Expense

Expenses incurred during the process of running a business that are not directly tied to producing goods or services.

Yield

The return on an investment over a particular period, expressed as a percentage, reflecting the income earned relative to the initial investment.

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