

MCQOPTIONS
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1. |
During Stagflation ? I- an increase in aggregate spending will eliminate the recession II- a decrease in aggregate spending will reduce inflation III- government faces contradictory goals IV- the central bank decease money supply to reduce inflation |
A. | I and II only |
B. | III and IV only |
C. | I ,II and III only |
D. | I , II , III, and IV |
Answer» E. | |