Solved

A Simultaneous Increase in Both Unemployment and Inflation Is Most

Question 75

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions