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-Refer to Exhibit 16-5

Question 98

Multiple Choice

-Refer to Exhibit 16-5.If the economy continually moves between points 1,2,and 3,it follows that A) this economy has not experienced stagflation. B) a tradeoff exists between inflation and unemployment. C) when inflation is higher,unemployment is lower. D) a and b E) a,b,and c
-Refer to Exhibit 16-5.If the economy continually moves between points 1,2,and 3,it follows that


A) this economy has not experienced stagflation.
B) a tradeoff exists between inflation and unemployment.
C) when inflation is higher,unemployment is lower.
D) a and b
E) a,b,and c

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