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A Simultaneous Increase in Both Unemployment and Inflation Would Most

Question 77

Multiple Choice

A simultaneous increase in both unemployment and inflation would most likely 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) increase in the long-run aggregate supply curve and an increase in the aggregate demand curve.
E) decrease in the short-run aggregate supply curve.

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