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Figure 16-7 -Refer to Figure 16-7.If the Economy Is at Point 4

Question 17

Multiple Choice

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


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

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