Multiple Choice
Refer to the graphs, where the subscripts on the labels denote years 1 and 2. From the graphs we can conclude that from year 1 to year 2,
A) the economy recovered from a recession.
B) the economy experienced economic growth and inflation.
C) output grew and the unemployment rate fell.
D) the government engaged in expansionary fiscal and monetary policies.
Correct Answer:

Verified
Correct Answer:
Verified
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