Multiple Choice
Sharp increases by OPEC in oil prices and crop failures around the world reduced aggregate supply, which sparked another outward shift of the Phillips curve _____
A) in 1974.
B) in 1984.
C) during the 1960s.
D) during the 1970s.
E) during the early 1980s.
Correct Answer:
Verified
Correct Answer:
Verified
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