Multiple Choice
Demand-pull inflation starts with
A) a decrease in aggregate demand.
B) an increase in aggregate demand.
C) a decrease in aggregate supply.
D) an increase in aggregate supply.
E) an increase in potential GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Q115: <span class="ql-formula" data-value="\begin{array} { c c c
Q116: In a demand-pull inflation, money wage rates
Q117: A rise in the money wage rate
Q118: <sub>--------------------</sub>decreases aggregate supply.<br>A)A rise in the price
Q119: When cost-push inflation starts, real GDP<sub>--------------------</sub>and the
Q121: An increase in the price level <sub>--------------------</sub>the
Q122: Which of the following shifts the aggregate
Q123: Real GDP definitely increases if<br>A)potential GDP decreases
Q124: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" The change reflected
Q125: A decrease in foreign income<sub>--------------------</sub> exports of