Solved

Sustained Increases in the Overall Price Level Due to High

Question 57

Multiple Choice

Sustained increases in the overall price level due to high levels of aggregate demand are called which of the following?

A) booming aggregate demand
B) demand-pull inflation
C) cost-push inflation
D) stagflation

Related Questions

Q52: Which of these are excluded from the

Q53: An increase in aggregate demand will initially

Q54: A drop in aggregate demand causes which

Q55: Monetary and fiscal policy<br>A)are controlled by the

Q56: Changes in the domestic price level cause

Q58: Which of the following phrases best explains

Q59: The long-run aggregate supply curve will shift

Q60: Starting from long-run equilibrium, an increase in

Q61: If the actual price level for goods

Q62: If government policymakers are shortsighted and use