Demand-pull inflation is an inflation that results from an initial ________.
A) decrease in aggregate demand
B) increase in wage rates
C) increase in natural resource prices
D) increase in aggregate demand
Correct Answer:
Verified
Q159: Stagflation is characterised by
A)an increase in both
Q160: Q161: In a real business cycle model, labour Q162: Cost- push inflation can start with Q163: Which of the following is held constant Q164: When the price level is rising and Q165: The key ripple effect in real business Q166: Suppose that forecasters have incorrectly estimated aggregate Q167: The monetarist theory of the business cycle Q168: If oil prices increase then, in the
A)an increase
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