Which of the Following Would Cause Stagflation

question 50

Multiple Choice

Which of the following would cause stagflation?

• A)Aggregate demand shifts left.
• B)Aggregate demand shifts right.
• C)Aggregate supply shifts left.
• D)Aggregate supply shifts right.

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Definitions:

Marginal Analysis

An economic method that involves comparing additional benefits and costs incurred from a particular action for decision-making purposes.

Economic Incentives

Financial or material rewards or penalties that influence the behavior of individuals and businesses.

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Economic Concept

A theoretical construct that explains various aspects of the economy, including transactions, decision-making processes, and the behavior of markets.