A shift from AD1 shifts to AD2 would be consistent with what economic event in U.S. history?



Refer to the figure above.

A. Demand-pull inflation in the late 1960s

B. Cost-push inflation in the mid-1970s

C. Full-employment in the late 1990s

D. Recession in 2007-09


A. Demand-pull inflation in the late 1960s

Economics

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