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-Refer to Exhibit 16

Question 80

Multiple Choice

-Refer to Exhibit 16.6, which reflects the relationship between the inflation rate and the unemployment rate. If the economy started near point b and government purchases increased, we would expect the economy in the short run to move to _____ A) point a. B) point e. C) point c. D) point d. E) a point to the right of point b.
-Refer to Exhibit 16.6, which reflects the relationship between the inflation rate and the unemployment rate. If the economy started near point b and government purchases increased, we would expect the economy in the short run to move to _____


A) point a.
B) point e.
C) point c.
D) point d.
E) a point to the right of point b.

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