Multiple Choice
Demand-pull inflation is caused by
A) aggregate demand increasing along a horizontal aggregate supply curve.
B) aggregate demand decreasing along a horizontal aggregate supply curve.
C) aggregate demand decreasing along an upward sloping or a vertical aggregate supply curve.
D) aggregate demand increasing along an upward sloping or a vertical aggregate supply curve.
Correct Answer:

Verified
Correct Answer:
Verified
Q262: Which of the following is NOT an
Q263: An economy in long-run equilibrium experiences an
Q264: Suppose the U.S. dollar weakens against the
Q265: Suppose aggregate demand is increasing over time.
Q266: The Keynesian short-run aggregate supply (SRAS) curve
Q268: Refer to the above figure. Suppose the
Q269: All of the following are assumptions of
Q270: If we observe an increase in real
Q271: A key assumption in the classical model
Q272: If your income and the price level