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    Microeconomics Study Set 2
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    Exam 9: Aggregate Demand and Aggregate Supply Analysis
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    Stagflation Occurs When Inflation ________ and GDP ________
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Stagflation Occurs When Inflation ________ and GDP ________

Question 243

Question 243

Multiple Choice

Stagflation occurs when inflation ________ and GDP ________.


A) rises; rises
B) rises; falls
C) falls; rises
D) falls; falls
E) remains unchanged; rises

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