Refer to the information provided in Figure 13.4 below to answer the questions that follow.
Figure 13.4
-Refer to Figure 13.4.If the economy is currently at the intersection of AS and AD,stagflation would be caused by
A) an increase in AS.
B) a decrease in AS.
C) an increase in AD.
D) a decrease in AD.
Correct Answer:
Verified
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