Which of the Following Is Likely to Occur When Inflation

question 14

Multiple Choice

Which of the following is likely to occur when inflation moves above the target rate of inflation in an economy?

• A) Firms will stop hiring more workers.
• B) The central bank will raise interest rates.
• C) The level of real wages in the economy will increase.
• D) The short-run output level will fall.

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Pickup And Delivery Work

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