Multiple Choice
Inflation can be caused:
A) only by increases in aggregate demand.
B) only by increases in aggregate supply.
C) only by decreases in aggregate supply.
D) by increases in aggregate supply or decreases in aggregate demand.
E) by increases in aggregate demand or decreases in aggregate supply.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: The nominal interest rate is equal to
Q24: Which of the following statements is true
Q25: Which of the following is most likely
Q26: An increase in the interest rate will
Q27: The real interest rate can be negative.
Q29: Since 1980,_ has experienced deflation.<br>A)the U.S.<br>B)France<br>C)Germany<br>D)Japan<br>E)Italy
Q30: If the inflation rate in an economy
Q31: The inflation experienced in the United States
Q32: If the expected inflation rate is 4
Q33: Who among the following would not be