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if there is an increase in wages and salaries without corresponding increase in the ...

if there is an increase in wages and salaries without corresponding increase in the supply of goods and services, the situation will lead to
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A reduction in aggregate demand
  • B Inflation
  • C Depression
  • D Budget surplus
Correct Answer: Option B
Explanation:

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