Stagflation occurs when short-run aggregate supply decreases.
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Q199: Long-run macroeconomic equilibrium occurs when the aggregate
Q200: A decrease in aggregate demand causes a
Q201: In the long run
A)GDP = potential GDP.
B)unemployment
Q202: At a long-run macroeconomic equilibrium,real GDP is
Q203: Suppose a recession occurs as a result
Q205: Why does the short-run aggregate supply curve
Q206: The automatic mechanism _ the price level
Q207: Explain how the economy moves back to
Q208: For the recession of 2007-2009,it took _
Q209: Stagflation occurs when inflation _ and GDP
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