In the Long Run, Persistent Inflation in the United States

Multiple Choice

In the long run, persistent inflation in the United States is caused by

A) leftward shifts in both the long-run aggregate supply curve and in the aggregate demand curve.
B) rightward shifts in the long-run aggregate supply curve and the leftward shift of the aggregate demand curve.
C) a faster rightward shift of the aggregate demand curve than the rightward shift of the long-run aggregate supply curve.
D) leftward shifts in the aggregate demand curve while the position of the long-run supply curve is unchanged.