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    Macroeconomics Study Set 17
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    Exam 13: Aggregate Demand and Aggregate Supply Analysis
  5. Question
    Stagflation Occurs When Inflation ________ and GDP ________
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Stagflation Occurs When Inflation ________ and GDP ________

Question 237

Question 237

Multiple Choice

Stagflation occurs when inflation ________ and GDP ________.


A) rises; rises
B) rises; falls
C) falls; rises
D) falls; falls

Correct Answer:

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