Multiple Choice
"Demand inflation" refers to
A) the inflation that results from a decrease in net exports.
B) any inflation that is originally caused by a rightward shift of the AD curve but is maintained at a constant level by monetary validation.
C) any inflation that is originally caused by a rightward shift of the AD curve but is accelerating due to monetary validation.
D) only the inflation that results from an expansionary monetary policy.
E) the inflation that results from any inflationary gap caused by a rightward shift of the AD curve.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Assuming that the economy is currently in
Q2: In general,the sacrifice ratio will be greater,the<br>A)shorter
Q4: Suppose there is a recessionary gap and
Q5: Suppose the Canadian economy is facing an
Q6: For the economy of Canada,a major oil
Q7: Suppose the Canadian economy is booming due
Q8: Of the three phases of a disinflation,the
Q9: Consider the AD/AS model with a constant
Q10: The statement that "inflation is always and
Q11: Consider the process of disinflation.Typical estimates for