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    Macroeconomics Study Set 28
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    Exam 13: Aggregate Supply and the Short-Run
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    In the 1990s in Canada
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In the 1990s in Canada

Question 20

Question 20

Multiple Choice

In the 1990s in Canada,
I: inflation first rose and then fell;
II: unemployment first rose and then fell.


A) I is true; II is not.
B) II is true; I is not.
C) Both I and II are true.
D) Neither I nor II is true.

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