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    Macroeconomics Study Set 12
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    Exam 10: Aggregate Demand and Aggregate Supply Analysis
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    When Does 'Stagflation' Occur
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When Does 'Stagflation' Occur

Question 18

Question 18

Multiple Choice

When does 'stagflation' occur?


A) when inflation rises and GDP falls
B) when inflation falls and GDP rises
C) when inflation rises and GDP rises
D) when inflation falls and GDP falls

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