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.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q18: An economic slowdown in Europe is likely
Q19: Which of the following is true when
Q20: Either a cut in business taxes or
Q21: The general shape of the short-run aggregate
Q22: If workers and firms expect increases in
Q24: Explain how changes in the stock of
Q25: When the price level rises as a
Q26: The misperception effect explanation for an upward-sloping
Q27: If there is currently an inflationary gap,
Q28: In an open economy, as the price