Question: Question 23 O Mark this question Which statement below regarding monetary and fiscal policy is FALSE? O Expansionary policy causes AD to shift to the

 Question 23 O Mark this question Which statement below regarding monetary

Question 23 O Mark this question Which statement below regarding monetary and fiscal policy is FALSE? O Expansionary policy causes AD to shift to the left. O The situation where unemployment is high and inflation is high is stagflation. If AD increases too much, prices will increase and AD will return to equilibrium. O The inverse relationship between inflation and unemployment is known as the Phillips Curve

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