Multiple Choice
Demand-pull inflation occurs when the:
A) price of a key input increases suddenly.
B) price level changes in response to changes in the business cycle.
C) price of food or energy increases suddenly.
D) business cycle becomes sporadic and unpredictable.
Correct Answer:

Verified
Correct Answer:
Verified
Q110: If the value of your savings is
Q111: To calculate the real interest rate, we:<br>A)
Q112: The graph shown displays various price and
Q113: Unpredictable inflation can lead businesses to:<br>A) experience
Q114: Suppose the annual nominal interest rate is
Q116: Being penalized for earning a higher dollar
Q117: Holding a currency to the gold standard:<br>A)
Q118: If the real rate of return is
Q119: When the prices of food and energy
Q120: The time, money, and effort one spends