MCQOPTIONS
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| 1. |
In Keynesian view, inflation is |
| A. | The rise in the price level after the point of full employment |
| B. | A rise in the price level before the point of full employment |
| C. | Too much money chasing too few goods |
| D. | All of the above |
| Answer» B. A rise in the price level before the point of full employment | |