In the above figure, suppose the economy is at point A. The movement from point B to C to D to E
Could result from continual increases in the
A) quantity of money.
B) price of oil.
C) real wage rate.
D) Both answers A and C are correct.

Question

Quizplus · Accepted Answer

Continual increases in the quantity of money can lead to inflationary pressures, causing shifts in the economy's equilibrium points, such as moving from B to C to D to E.

In the Above Figure, Suppose the Economy Is at Point