Inflation in the U.S.economy Tends to Be

Multiple Choice

Inflation in the U.S.economy tends to be

A) a finite, one-time event resulting from a shock.
B) ongoing, as increases in aggregate demand generally exceed the increases in aggregate supply.
C) a finite, one-time event, as the Fed actively works to eliminate all inflation.
D) ongoing, as aggregate supply is continually shifting to the left.