Multiple Choice
Aggregate Supply Curves (1)
-Based on the graph above,suppose the economy is at point 2,then output falls to 10 and there is a price shock of one percent.The inflation rate next period will be ________ percent.
A) 5
B) 3.5
C) 4.5
D) 4
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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