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Figure 16-2 -Refer to Figure 16-2.Consider an Economy That Experiences an Inflationary

Question 15

Multiple Choice

Figure 16-2
Figure 16-2    -Refer to Figure 16-2.Consider an economy that experiences an inflationary gap.Which of the points in the diagram is consistent with this situation? A) point X B) point Y C) either point X or point Y D) neither of the two points
-Refer to Figure 16-2.Consider an economy that experiences an inflationary gap.Which of the points in the diagram is consistent with this situation?


A) point X
B) point Y
C) either point X or point Y
D) neither of the two points

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