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Which of the following might cause the inflation rate to spike up sharply?
A Prices on world oil markets rise steeply due to war in the Middle East.
B Plentiful rainfall and moderate temperatures result in good harvests of
wheat and soybeans.
C The purchasing power of the average consumer decreases due to a
sluggish economy.
D The items in the CPI market basket change to account for changing
consumer buying habits.

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Which of the following might cause the inflation rate to spike up sharply?
A Prices on world o...
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