Use the following table to answer the next question.YearUnemployment Rate (%)Inflation Rate (%)14.03.024.52.535.02.045.53.056.04.5Based on this data, which years reflect a short-run change in aggregate demand?

A. 1, 3, and 5
B. 2, 3 and 4
C. 1, 2, and 3
D. 3, 4, and 5


Answer: C

Economics

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The idea that an action should be undertaken if and only if the benefits exceed the costs is known as the concept of

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Answer the following statement true (T) or false (F)

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