Solved

Inflation That Occurs When Total Spending Is Greater Than the Economy's

Question 79

Multiple Choice

Inflation that occurs when total spending is greater than the economy's ability to produce output at the existing price level is


A) anticipated inflation.
B) demand-pull inflation.
C) cost-push inflation.
D) unanticipated inflation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions