Aggregate supply shocks can cause _______ inflation rates that are accompanied by _______ unemployment rates. a. higher;
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Aggregate supply shocks can cause _______ inflation rates that are accompanied by _______ unemployment rates.
a. higher; higher
b. higher; lower
c. lower; higher
d. lower; lower
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b higher higher Aggregate supply shocks can lead to higher inflation rates due to in...View the full answer
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Related Book For
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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