Business
Business, 30.11.2021 22:50, dazesreplayy2451

True or False: If the actual rate of inflation is 10%, the prices of goods and services increase relative to resource prices. In the short run, profit margins will increase and firms will cut back on output, which will cause layoffs, and increase unemployment.

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True or False: If the actual rate of inflation is 10%, the prices of goods and services increase rel...

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