Stagflation is the result of
A. an increase in aggregate demand.
B. a decrease in short-run aggregate supply.
C. a decrease in aggregate demand.
D. an increase in short-run aggregate supply.
Answer:B
Stagflation is the result of
A. an increase in aggregate demand. B. a decrease in short-run aggregate supply. C. a decrease in aggregate demand. D. an increase in short-run aggregate supply.