Multiple Choice
A simultaneous increase in both unemployment and inflation is most likely to be the result of a(n) :
A) increase in long-run aggregate supply.
B) increase in short-run aggregate supply.
C) decrease in the aggregate demand curve.
D) a simultaneous outward shift of the aggregate demand and supply curves.
E) a decrease in the short-run aggregate supply.
Correct Answer:

Verified
Correct Answer:
Verified
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