Question
What is the effect of an increase in short-run aggregate supply on the rate of inflation and the rate of unemployment? Inflation will __________ and
What is the effect of an increase in short-run aggregate supply on the rate of inflation and the rate of unemployment?
Inflation will __________ and Unemployment will ______________-
1) increase, not change
2) decrease, decrease
3) no change, increase
4) decrease, increase
5) decrease, not change
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E-Commerce 2013 Business Technology Society
Authors: Ken Laudon, Kenneth C Laudon
9th Edition
0132730359, 978-0132730358
