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  3. Study Set
    Economics for Today
  4. Exam
    Exam 14: A simple model of the macro economy
  5. Question
    Exhibit 14-2 Aggregate Demand and Supply
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Exhibit 14-2 Aggregate Demand and Supply

Question 3

Question 3

Multiple Choice

Exhibit 14-2 Aggregate demand and supply
Exhibit 14-2 Aggregate demand and supply    -In Exhibit 14-2,when aggregate demand shifts from AD₄ to AD₅,the economy experiences: A) cost-push inflation. B) cost-pull inflation. C) demand-push inflation. D) demand-pull inflation. E) price-pull inflation.
-In Exhibit 14-2,when aggregate demand shifts from AD₄ to AD₅,the economy experiences:


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

Correct Answer:

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