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12.3 Shocks to the System

Question 165

Multiple Choice

12.3 Shocks to the System
Refer to the information provided in Figure 12.3 below to answer the questions that follow. 12.3 Shocks to the System Refer to the information provided in Figure 12.3 below to answer the questions that follow. Figure 12.3 -Refer to Figure 12.3. The aggregate supply curve shifting from AS<sub>1</sub> to AS<sub>2</sub> will cause A) deflation. B) hyperinflation. C) demand-pull inflation. D) cost-push inflation. Figure 12.3
-Refer to Figure 12.3. The aggregate supply curve shifting from AS1 to AS2 will cause


A) deflation.
B) hyperinflation.
C) demand-pull inflation.
D) cost-push inflation.

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