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    Macroeconomics Study Set 12
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    Exam 9: Inflation: Its Causes and Cures
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    Stagflation May Be Explained by
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Stagflation May Be Explained by

Question 46

Question 46

Multiple Choice

Stagflation may be explained by


A) an upward shift in the SP curve.
B) a downward shift in the SP curve.
C) a stagnating level of AD.
D) a stagnating level of SAS.

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