Question: Stagflation occurs when the [ Select ] [LRAS, SRAS, AD] curve shifts to the [ Select ] [left, right] , holding all else constant. This

Stagflation occurs when the [ Select ] ["LRAS", "SRAS", "AD"] curve shifts to the [ Select ] ["left", "right"] , holding all else constant. This results in a [ Select ] ["higher", "lower"] price level, a [ Select ] ["lower", "higher"] level of real GDP, and a [ Select ] ["lower", "higher"] unemployment rate.

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