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. Stagflation would not be caused by a
A) decrease in AS.
B) higher price level with lower output.
C) higher price level with higher unemployment.
D) shift to the right of AD.
Correct Answer:

Verified
Correct Answer:
Verified
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