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Subject - Economics:

Macroeconomics

MCQ - 195-4205

Question:

Stagflation is the result of

  1. a leftward shift in the aggregate supply curve.
  2. a leftward shift in the aggregate demand curve.
  3. a leftward shift in both the aggregate supply and aggregate demand curves.
  4. a leftward shift in the aggregate demand curve.
  5. a rightward shift in the aggregate demand curve.

Correct Answer: A

Explanation:

Stagflation is inflation with high unemployment, and this occurs when AS shifts to the left.

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269 MCQ for effective preparation of the test of Macroeconomics of Economics section.

Read the MCQ statement: Stagflation is the result of , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 195-4205.

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