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Inflation That Is Caused by an Increase in Aggregate Demand

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Inflation that is caused by an increase in aggregate demand which is not matched by an increase in aggregate supply is called


Definitions:

Paragraphs

Paragraphs are distinct sections of writing that deal with a particular point or idea, beginning on a new line and often featuring an indentation to signal the start of a new section.

Emphasized

Given special importance or prominence in a communication or presentation.

Expert Writer

A highly skilled and knowledgeable writer, often with specialized expertise in a particular field.

Novice

A person who is new to the circumstances, work, etc., in which he or she is placed; a beginner.

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