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    Principles of Macroeconomics Study Set 18
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    Exam 13: Aggregate Demand, Aggregate Supply, and Business Cycles
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    The Great Recession Was the Result Of
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The Great Recession Was the Result Of

Question 8

Question 8

Multiple Choice

The Great Recession was the result of:


A) two negative demand shocks.
B) a negative demand shock and a negative inflation shock.
C) two positive inflation shocks.
D) a negative demand shock and a positive inflation shock.

Correct Answer:

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