Use the figure below to answer the following questions.
Figure 28.1.2
-Refer to Figure 28.1.2.If SAS shifts from SAS0 to SAS1,then
A) inflation is expected to be 10 percent.
B) inflation will be 10 percent.
C) a recession will occur.
D) unemployment will fall.
E) B and C.
Correct Answer:
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