Which of the following statements is true about "demand-pull" inflation?
a. the capacity of th...
Advanced Placement (AP), 05.05.2020 23:44 tiaemrich146
Which of the following statements is true about "demand-pull" inflation?
a. the capacity of the economy will decrease as a result
b. aggregate supply will increase as a result
c. it will result from a decrease in aggregate demand.
d. it will result in a decrease in output.
e. wages will rise as the economy moves toward long-run equilibrium
Answers: 1
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