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    Economics Today Study Set 1
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    Exam 11: Classical and Keynesian Macro Analyses
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    Refer to the Above Figure
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Refer to the Above Figure

Question 309

Question 309

Multiple Choice

Refer to the above figure. If the aggregate demand curve shifts beyond AD5, then the economy will experience


A) demand-pull inflation.
B) cost-push inflation.
C) structural inflation.
D) stagflation.

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