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toripollard8 toripollard8
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5 years ago

Question 1.

Rapid ________ in prices during periods of ________ is known as stagflation.



▸ decreases; expansion

▸ decreases; recession

▸ increases; expansion

▸ increases; recession

Question 2.

Stagflation occurs when the economy's ________ are both high.



▸ inflation rate and unemployment rate

▸ unemployment rate and growth rate

▸ inflation rate and growth rate

▸ unemployment rate and deflation rate
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Kutthroat K.Kutthroat K.
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toripollard8 Author
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5 years ago
Thanks
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