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    Survey of Economics Study Set 2
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    Exam 14: Aggregate Demand and Supply
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    Exhibit 14-3 Aggregate Supply and Demand Curves
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Exhibit 14-3 Aggregate Supply and Demand Curves

Question 99

Question 99

Multiple Choice

Exhibit 14-3 Aggregate supply and demand curves
Exhibit 14-3 Aggregate supply and demand curves    In Exhibit 14-3, 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 14-3, 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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