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    Economics for Today Study Set 1
  4. Exam
    Exam 15: A Simple Model of the Macro Economy
  5. Question
    Narrbegin Exhibit 14
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Narrbegin Exhibit 14

Question 64

Question 64

Multiple Choice

Narrbegin Exhibit 14.2 Aggregate demand and supply Narrbegin Exhibit 14.2 Aggregate demand and supply    -In Exhibit 14.2, when aggregate demand shifts from AD<sub>4</sub> to AD<sub>5</sub>, the economy experiences: A)  cost-push inflation. B)  cost-pull inflation. C)  demand-push inflation. D)  demand-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.

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