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blame on monopolies

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Because they result in higher prices than perfect competition, monopolies are often blamed by policymakers for causing inflation, where inflation is a persistent increase in the general price level. Is it appropriate to assign such blame to monopolies? Explain.

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The solution debates if blame on monopolies is appropriate.

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No, it is not appropriate to assign such blame to monopolies. There are several tools that policymakers can use to control ...

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