Multiple Choice
Which of the following will cause stagflation?
A) An increase in the money supply (which shifts the economy's aggregate demand curve to the right) .
B) An increase in oil prices (which shifts the economy's aggregate supply curve to the left) .
C) A decrease in the money supply (which shifts the economy's aggregate demand curve to the right) .
D) Technical progress (which shifts the economy's aggregate supply curve to the right) .
Correct Answer:

Verified
Correct Answer:
Verified
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