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Which of the following might cause the inflation rate to spike up sharply? the purchasing power of the average consumer decreases due to a sluggish economy. plentiful rainfall and moderate temperatures result in good harvests of wheat and soybeans. the items in the cpi market basket change to account for changing consumer buying habits. prices on world oil markets rise steeply due to war in the middle east.
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The graph shows excess demand. which needs to happen in order to stop disequilibrium from occurring? q needs to be coordinated with supply. q needs to be coordinated with demand. the price of goods needs to be increased. the price of goods needs to be decreased.
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