The Recovery Phase of the Inflation-Unemployment Cycle Is Explained by

Multiple Choice

The recovery phase of the inflation-unemployment cycle is explained by

A) rightward shifts of the short-run aggregate supply curve in response to expansionary policies.
B) rightward shifts of the aggregate demand curve in response to expansionary policies.
C) leftward shifts of the short-run aggregate supply curve in response to higher prices.
D) leftward shifts of the aggregate demand curve in response to higher prices.