Multiple Choice
Demand-pull inflation is caused by:
A) an increase in aggregate demand.
B) a decrease in aggregate demand.
C) an increase in short-run aggregate supply.
D) a decrease in short-run aggregate supply.
E) pessimism among the consumers.
Correct Answer:
Verified
Correct Answer:
Verified
Q51: The long run refers to:<br>A)a time period
Q52: Figure 13-10 shows the short-run macroeconomic equilibrium
Q53: The aggregate demand curve reflects:<br>A)the total amount
Q54: Cost-push inflation is caused by:<br>A)an increase in
Q55: The short-run aggregate supply curve is drawn
Q57: One explanation for an upward-sloping short-run aggregate
Q58: Which of the following would be true
Q59: Which of the following will lead to
Q60: In an open economy, as the price
Q61: Figure 13-7 shows the short-run macroeconomic equilibrium