Cost- push inflation is the result of:
A) a one- off increase in short- run aggregate supply
B) persistent increases in short- run aggregate supply
C) a one- off increase in aggregate demand
D) persistent increase in aggregate demand
Correct Answer:
Verified
Q24: Deflation is:
A) continuing falls in the general
Q25: Which of the following is NOT a
Q26: Demand- pull inflation is caused by:
A) not
Q27: The term 'rational expectations' means:
A) people make
Q28: The aggregate demand curve:
A) is horizontal
B) slopes
Q30: Which of the following nations has experienced
Q31: Which of the following is most likely
Q32: The short- run aggregate supply curve illustrates:
A)
Q33: Aggregate demand is denoted by:
A) C +
Q34: In the long run, the aggregate supply
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