Stagflation is a combination of--------------------real GDP and a --------------------price level.
A) increasing; falling
B) decreasing; falling
C) no change in; rising
D) decreasing; rising
E) increasing; rising
Correct Answer:
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Q23: If the money wage rate increases, then
Q24: As the price level rises relative to
Q25: If real GDP is less than potential
Q26: --------------------decreases aggregate supply.
A)A rise in the price
Q27: Aggregate demand--------------------and shifts the AD curve--------------------
Q29: A fall in the price level produces
Q30: Increases in the quantity of money can
Q31: When cost-push inflation starts, real GDP--------------------and the
Q32: A decrease in investment leads to--------------------in aggregate
Q33: Which of the following shifts the aggregate
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