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CFA Level 1 Exam
3959 Questions
Question No. 1
Inflation has been about 5% for the last several years. There is widespread fear that oil and natural gas prices are about to spike at the same time there is unusually high unemployment. If inflation were actually 6% next year, and this causes no change in real GDP, what can be said about the general expectation for inflation?
Choose the correct option from the given list.
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