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Author Question: Refer to the above figure. If the aggregate demand curve shifts beyond AD5, then the economy will ... (Read 35 times)

captainjonesify

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on: Jun 30, 2018
Refer to the above figure. If the aggregate demand curve shifts beyond AD5, then the economy will experience
 
  A) stagflation. B) demand-pull inflation.
  C) structural inflation. D) cost-push inflation.

Question 2

Prices for industrial commodities such as steel rods or machine tools are
 
  A) heavy prices. B) custom prices. C) auction prices. D) sticky prices.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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frankwu0507

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


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