Refer to the above diagram. A shift from AD1 to AD2 would be consistent with what economic event in U.S. history?
A. Full-employment in the late 1990s.
B. Cost-push inflation in the mid-1970s.
C. Demand-pull inflation in the late 1960s.
D. Recession in 2001.
Answer: C
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a. True b. False Indicate whether the statement is true or false
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