Multiple Choice
Demand-pull inflation in the short run increases the price level and:
A) real wages.
B) real output.
C) unemployment.
D) nominal wages.
Correct Answer:

Verified
Correct Answer:
Verified
Q56: A criticism of cuts in marginal tax
Q57: If government fiscal policy is used to
Q58: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q59: Supply-side economists criticize non supply-side economists for:<br>A)not
Q60: In the long-run aggregate demand-aggregate supply model:<br>A)long-run
Q62: Which factor contributed to the termination of
Q63: An upward shift of the Phillips Curve
Q64: The Phillips Curve suggests a tradeoff between:<br>A)price
Q65: Most economists reject the idea of a
Q66: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the