Stagflation can be explained by a
a. shift in the short run Phillips curve to the left.
b. shift in the short run Phillips curve to the right.
c. a movement along the short run Phillips curve to the right.
d. a movement along the short run Phillips curve to the left.
B
Economics
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Inefficiency is a flaw of a command economy because there is less incentive for resources to flow to their highest-valued uses
a. True b. False
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