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  3. Study Set
    International Economics Study Set 7
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    Exam 19: Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply
  5. Question
    Stagflation Is Most Likely to Be Caused by
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Stagflation Is Most Likely to Be Caused by

Question 2

Question 2

Multiple Choice

Stagflation is most likely to be caused by


A) both a leftward shift in aggregate supply and a rightward shift in aggregate demand
B) both a rightward shift in aggregate supply and a rightward shift in aggregate demand
C) a leftward shift in aggregate supply
D) a leftward shift in aggregate demand

Correct Answer:

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