Which of the following describes the cause of a sustained inflation?
A) the monetary transmission mechanism
B) simultaneous AD and AS shocks.
C) an aggregate demand shock significant enough to cause a substantial rise in the price level
D) continual monetary expansion
E) an aggregate supply shock significant enough to cause a substantial rise in the price level
Correct Answer:
Verified
Q81: the increase in the overall money supply
Q82: In 1979- 80, the Bank of Canada
Q83: Because of the volatility of food and
Q84: It might take a while before the
Q85: The best description of the cause- and-
Q87: To reduce short- term market interest rates,
Q88: In 2007 and 2008, Canada was affected
Q89: high inflation, even if it is largely
Q90: The Bank of Canada establishes a rate
Q91: The interest rate that the Bank of
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