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    Principles of Macroeconomics Study Set 12
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    Exam 12: Policy Effects and Cost Shocks in the Asad Model
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    A Sudden Increase in Aggregate Demand Causes a ________ Inflation
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A Sudden Increase in Aggregate Demand Causes a ________ Inflation

Question 120

Question 120

Multiple Choice

A sudden increase in aggregate demand causes a ________ inflation and ________ output.


A) demand-pull; lower
B) cost-push; higher
C) demand-pull; higher
D) cost-push; lower

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