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Which one of the following is not a shortcoming of the aggregate expenditures model? 199. A shortcoming of the aggregate expenditures model is that it does not:

A) account for cost-push inflation.

B) describe how demand-pull inflation can arise.

C) describe how cyclical unemployment can arise. D) detail the components of aggregate spending.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M965742

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