Figure 12.4 -Refer to Figure 12.4. The combination of rising prices and falling output is known as stagflation. This phenomenon is represented by which of the following shifts? A) LRAS₂to LRAS₁ B) AD₁to AD₂ C) AD₂to AD₁ D) LRAS₁to LRAS₂ E) The combination of LRAS₁to LRAS₂and AD₁to AD₂

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The Answer of Figure 12.4 -Refer to Figure 12.4. The combination of rising prices and falling output is known as stagflation. This phenomenon is represented by which of the following shifts? A) LRAS₂to LRAS₁ B) AD₁to AD₂ C) AD₂to AD₁ D) LRAS₁to LRAS₂ E) The combination of LRAS₁to LRAS₂and AD₁to AD₂

Figure 12.4 -Refer to Figure 12.4. the Combination of Rising Prices and of Rising