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    Essentials of Economics Study Set 4
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    Exam 16: Theory and Reality
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    Stagflation Is a Situation in Which the Economy Experiences Both
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Stagflation Is a Situation in Which the Economy Experiences Both

Question 137

Question 137

Multiple Choice

Stagflation is a situation in which the economy experiences both:


A) Inflation and unemployment.
B) Inflation and full employment.
C) Deflation and unemployment.
D) Deflation and full employment.

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