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Figure 16-7 -Refer to Figure 16-7. If the Economy Is at Point

Question 73

Multiple Choice

Figure 16-7 Figure 16-7 -Refer to Figure 16-7. If the economy is at point 4, boosting aggregate demand through Jexpansionary policies will most likely lead to A) a stagflation phase. B) a recovery phase. C) a Phillips phase. D) a contraction phase.
-Refer to Figure 16-7. If the economy is at point 4, boosting aggregate demand through Jexpansionary policies will most likely lead to


A) a stagflation phase.
B) a recovery phase.
C) a Phillips phase.
D) a contraction phase.

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