Brief Principles of Macroeconomics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN: 9781337091985
Author: N. Gregory Mankiw
Publisher: Cengage Learning
Question
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Chapter 15, Problem 5CQQ
To determine

The cause of stagflation.

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Assume that the stock market increases by 5% this month.  As a result   Question 6 options:   a)  the aggregate demand curve shifts right   b)  the aggregate demand curve shifts left   c)  the short-run aggregate supply curve shifts right   d)  the short-run aggregate supply curve shifts left
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