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A Simultaneous Increase in Both Unemployment and Inflation Is Most

Question 93

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.
D) simultaneous outward shift of the aggregate demand and supply curves.
E) decrease in the short-run aggregate supply.

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