Multiple Choice
According to aggregate demand and supply analysis,the favorable supply shock of 1995-1999 had the effect of
A) increasing aggregate output,lowering unemployment,and raising inflation.
B) decreasing aggregate output,raising unemployment,and raising inflation.
C) increasing aggregate output,lowering unemployment,and lowering inflation.
D) decreasing aggregate output,raising unemployment,and lowering inflation.
Correct Answer:
Verified
Correct Answer:
Verified
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