For a demand-pull inflation to persist requires persistent increases in
A) tax rates.
B) the real wage rate.
C) real GDP.
D) the quantity of money.
E) government expenditures.
Correct Answer:
Verified
Q207: Cost-push inflation might initially result from
A)an increase
Q208: By itself,a supply shock,such as a hike
Q209: To prevent demand-pull inflation,
A)firms must refuse to
Q210: At the start of a cost-push inflation,
A)the
Q211: When cost-push inflation starts,real GDP _ and
Q213: The main sources of cost-push inflation are
Q214: Demand-pull inflation persists because of
A)continuing increases in
Q215: The AS curve shifts leftward if
A)good weather
Q216: In a demand-pull inflation,if the Fed stops
Q217: When cost-push inflation starts,real GDP _ and
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