Multiple Choice
Refer to the information provided in Figure 12.4 below to answer the questions that follow. Figure 12.4
-Refer to Figure 12.4. If the economy is currently at the intersection of AS and AD, stagflation would be caused by
A) an increase in AS.
B) a decrease in AS.
C) an increase in AD.
D) a decrease in AD.
Correct Answer:

Verified
Correct Answer:
Verified
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