FIGURE 6-2 Domestic Product In Figure 6-2, f the aggregate demand curve shifts inward over time, the economy will 2. experience inflation. b. see a sustained increase in the price level. c. experience a significant decrease in unemplovment. d. experience economic recession. Price Level
FIGURE 6-2 Domestic Product In Figure 6-2, f the aggregate demand curve shifts inward over time, the economy will 2. experience inflation. b. see a sustained increase in the price level. c. experience a significant decrease in unemplovment. d. experience economic recession. Price Level
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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17

Transcribed Image Text:c an economy experiencing both high inflabon and high enmployment.
d. an economy experiencing both high inflation and high levels of economic growth.
FIGURE 6-2
Domestic Product
17. In Figure 6-2,fthe aggregate demand curve shifts inward over ime, the economy will
2. experience inflation.
b. see a sustained increase in the price level.
c. experience a significant decrease in unemplovment.
d. experience economic recession,
Price Level
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