Multiple Choice
Demand-pull inflation in the short-run raises the price level and:
A) Real wages
B) Real output
C) The unemployment rate
D) Nominal wages
Correct Answer:

Verified
Correct Answer:
Verified
Q45: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4895/.jpg" alt=" Refer to the
Q47: Adverse aggregate-supply shocks or stagflation would cause
Q48: With demand-pull inflation in the extended AD-AS
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4895/.jpg" alt=" Refer to the
Q51: Assume that a person earns $600 per
Q52: A potential cause of stagflation is:<br>A) Agricultural
Q53: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4895/.jpg" alt=" Refer to the
Q54: Which event probably contributed to the stagflation
Q55: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4895/.jpg" alt=" Refer to the
Q85: The Phillips Curve shows a positive relationship