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    Principles of Macroeconomics Study Set 8
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    Exam 20: Aggregate Demand and Aggregate Supply: Two Causes of Economic Fluctuations
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    Figure 33-8. -Refer to Figure 33-8.Suppose the Economy Starts at Z.Stagflation Would
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Figure 33-8. -Refer to Figure 33-8.Suppose the Economy Starts at Z.Stagflation Would

Question 65

Question 65

Multiple Choice

Figure 33-8. Figure 33-8.   -Refer to Figure 33-8.Suppose the economy starts at Z.Stagflation would be consistent with the move to A) P<sub>1</sub> and Y<sub>1</sub> . B) P<sub>1</sub> and Y<sub>3</sub> . C) P<sub>3</sub> and Y<sub>1</sub> . D) P<sub>3</sub> and Y<sub>3</sub> .
-Refer to Figure 33-8.Suppose the economy starts at Z.Stagflation would be consistent with the move to


A) P1 and Y1 .
B) P1 and Y3 .
C) P3 and Y1 .
D) P3 and Y3 .

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