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-Refer to the above diagram.Assume that nominal wages initially are set on the basis of the price level P2 and that the economy initially is operating at its full-employment level of output Qf.In the long run,demand-pull inflation could best be shown as:
Siblings
Brothers or sisters; individuals having one or both parents in common.
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Enduring characteristics that describe an individual's behavior, such as introversion or extroversion.
Inherited
Traits, characteristics, or property passed down from previous generations through biological or legal means.
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