Multiple Choice
If AD increases at a faster rate than AS, the result will be
A) demand-side inflation.
B) supply-side inflation.
C) falling prices.
D) stable prices.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q47: Stagflation can be defined as a situation
Q48: If the self-correcting mechanism operates quickly,<br>A)direct intervention
Q49: The Phillips curve is a statistical relationship
Q50: The economy's self-correcting mechanism tends to push
Q51: A study of the U.S.price level and
Q53: European governments accepted prolonged periods of unemployment
Q54: If aggregate demand in the United States
Q55: Politicians and economists who are generally conservative
Q56: If expectations are rational,<br>A)a predictable change in
Q57: The unemployment rate was increasing from 6