In a persisting demand-pull inflation
A) aggregate supply decreases and aggregate demand increases.
B) aggregate demand decreases and aggregate supply decreases.
C) aggregate demand increases and potential GDP decreases.
D) aggregate supply increases and aggregate demand increases.
E) None of the above answers are correct.
Correct Answer:
Verified
Q182: Which of the following factors could start
Q188: Demand-pull inflation starts with a shift of
Q192: Increases in the quantity of money can
Q193: Demand-pull inflation results from continually increasing the
Q204: Cost-push inflation can start with
A)a decrease in
Q206: During a demand-pull inflation,if the Fed tries
Q212: For a demand-pull inflation to persist requires
Q213: The main sources of cost-push inflation are
Q219: Cost-push inflation starts with
A)an increase in aggregate
Q220: In a demand-pull inflation,money wage rates rise
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents