Business, 22.07.2020 01:01, PeachyPeaches1489

A country in South America is experiencing high inflation, around 15% annually, and high unemployment, around 25%. According to the AD/AS model, which of the following is most likely to explain this outcome? a. A positive real shock
b. A positive aggregate demand shock
c. A negative aggregate demand shock
d. A negative real shock

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A country in South America is experiencing high inflation, around 15% annually, and high unemploymen...