Multiple Choice
In the above figure, if the economy moves from point A to point E,
A) there may have been demand- pull inflation.
B) money wage rates have increased.
C) there has been economic growth.
D) Both answers A and B are correct.
Correct Answer:
Verified
Related Questions
Q50: Q51: In the above figure, suppose the economy Q52: In the above figure, the economy initially Q53: To prevent demand- pull inflation Q54: As the money wage rate rises, Q56: Which monetary policy can be used to Q57: When the AD and SAS curves intersect
A) real GDP
A) the
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