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    Principles of Economics Study Set 8
  4. Exam
    Exam 33: Aggregate Demand and Aggregate Supply
  5. Question
    Figure 33-6 ​
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Figure 33-6 ​

Question 14

Question 14

Multiple Choice

Figure 33-6 Figure 33-6   ​ -Refer to Figure 33-6. Suppose the economy starts at A. Stagflation would be consistent with the move to A) P<sub>1</sub> and Y<sub>1</sub>. B) P<sub>1</sub> and Y<sub>3</sub>. C) P<sub>3</sub> and Y<sub>1</sub>. D) P<sub>3</sub> and Y<sub>3</sub>. ​
-Refer to Figure 33-6. Suppose the economy starts at A. Stagflation would be consistent with the move to


A) P1 and Y1.
B) P1 and Y3.
C) P3 and Y1.
D) P3 and Y3.

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