Multiple Choice
Graphically, demand-pull inflation is shown as a
A) rightward shift of the AD curve along an upsloping AS curve.
B) leftward shift of the AS curve along a downsloping AD curve.
C) leftward shift of the AS curve along an upsloping AD curve.
D) rightward shift of the AD curve along a downsloping AS curve.
Correct Answer:
Verified
Correct Answer:
Verified
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