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Exhibit 10-3 Aggregate Supply and Demand Curves

Question 75

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Exhibit 10-3 Aggregate supply and demand curves
Exhibit 10-3 Aggregate supply and demand curves   In Exhibit 10-3, the change in equilibrium from E<sub>1</sub> to E<sub>2</sub> represents: A)  deflation. B)  demand-pull inflation. C)  price-push inflation. D)  cost-push inflation.
In Exhibit 10-3, the change in equilibrium from E1 to E2 represents:


A) deflation.
B) demand-pull inflation.
C) price-push inflation.
D) cost-push inflation.

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