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Refer to the Information Provided in Figure 12

Question 48

Multiple Choice

Refer to the information provided in Figure 12.4 below to answer the questions that follow. 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, a decrease in AS with no change in AD will cause A) deflation. B) stagflation. C) economic growth. D) deflationary growth. Figure 12.4
-Refer to Figure 12.4. If the economy is currently at the intersection of AS and AD, a decrease in AS with no change in AD will cause


A) deflation.
B) stagflation.
C) economic growth.
D) deflationary growth.

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