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    Exam 38: Extending the Analysis of Aggregate Supply
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    Inflation Accompanied by Falling Real Output and Employment Is Known
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Inflation Accompanied by Falling Real Output and Employment Is Known

Question 4

Question 4

Multiple Choice

Inflation accompanied by falling real output and employment is known as


A) Laffer's law.
B) Okun's law.
C) stagflation.
D) the Phillips Curve.

Correct Answer:

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