During a demand-pull inflation,if the Fed tries to maintain a level of real GDP above potential GDP,the AD curve will ________ and the AS curve will ________.
A) shift rightward once;shift rightward continuously
B) shift rightward continuously;shift rightward continuously
C) shift rightward continuously;not shift
D) not shift;shift rightward continuously
E) shift rightward continuously;shift leftward continuously
Correct Answer:
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Q204: Cost-push inflation can start with
A)a decrease in
Q205: Cost-push inflation can be started by
A)a decrease
Q207: Cost-push inflation might initially result from
A)an increase
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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
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