CFA CFA Level 1 Question of the Week – Economics

Question of the Week – Economics

  • This topic has 2 replies, 2 voices, and was last updated Mar-18 by RoyD.
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    • AdaptPrep
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      Stagflation is most likely to occur when there is:

      • A left shift in the SRAS curve
      • A right shift in the SRAS curve
      • A left shift in the AD curve
    • AdaptPrep
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      Stagflation (high unemployment and high prices) is most
      likely to occur when supply is suddenly tightened (left shift in the short run aggregate supply curve). Because there
      is less goods, prices increase as consumers compete for them. Likewise,
      companies are producing less, so require fewer workers.

    • RoyD
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      Good to know I remember something from Level 1.

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