Which statement best explains the relationship between points a and b?
a. consumption reache...
Which statement best explains the relationship between points a and b?
a. consumption reaches its highest point, and then supply begins to fall.
b. inflation reaches its highest point, and then the economy begins to expand.
c. production reaches its highest point, and then the economy begins to contract.
d. unemployment reaches its highest point, and then inflation begins to decrease.
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