Multiple Choice
If the fluctuations in the economy's real growth rate from year to year are caused primarily by variations in the rate at which aggregate demand increases, then data would show the
A) worst recession occurs when output expands most rapidly.
B) slowest inflation occurs when output expands most rapidly.
C) slowest economic growth occurs when output grows most rapidly.
D) most rapid inflation occurs when output expands most rapidly.
Correct Answer:

Verified
Correct Answer:
Verified
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Q194: Figure 33-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 33-8
Q195: Figure 33-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 33-6
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