(Figure: Shifting SRAS and AD) What economic event is represented if full employment GDP occurs at point a?
A) a recession
B) demand-pull inflation
C) cost-push inflation
D) deflation

Question

(Figure: Shifting SRAS and AD)  What economic event is represented if full employment GDP occurs at point a?
A) a recession 
B) demand-pull inflation 
C) cost-push inflation 
D) deflation

Quizplus · Accepted Answer

The Answer of (Figure: Shifting SRAS and AD)  What economic event is represented if full employment GDP occurs at point a?
A) a recession 
B) demand-pull inflation 
C) cost-push inflation 
D) deflation

(Figure: Shifting SRAS and AD) What Economic Event Is