If unemployment and inflation move inversely, then we can infer that business fluctuations are

a. from the demand side.
b. from the supply side.
c. from both the demand and supply side.
d. purely random events.


a

Economics

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Which of the following does NOT occur when the price of a good increases?

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On a TE-TP diagram consider a level of Real GDP at which the vertical distance to the TE line is less than the vertical distance to the 45-degree line. This level of Real GDP is __________ its equilibrium level, with __________

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