Author Question: Refer to the information provided in Figure 27.4 below to answer the question(s) that follow.Refer ... (Read 14 times)

meagbuch · **on:** Apr 19, 2019

Question 1

Demand-pull inflation can be the result of

◦ a decrease in government spending.
◦ an increase in net taxes.
◦ a decrease in the
Z factors.
◦ All of these.

Question 2

Refer to the information provided in Figure 27.4 below to answer the question(s) that follow.

Refer to Figure 27.4. If the economy is currently at the intersection of
AS and
AD, stagflation would be caused by

◦ an increase in
AS.
◦ a decrease in
AS.
◦ an increase in
AD.
◦ a decrease in
AD.

katkat_flores · **Reply #1 on:** Apr 19, 2019

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