Demand-pull inflation starts as the
A) LAS curve shifts leftward.
B) LAS curve shifts rightward.
C) AD curve shifts rightward.
D) AD curve shifts leftward.

Name: Demand-pull inflation starts as the A) LAS curve shifts leftward. B) LAS curve shifts rightward. C) AD curve shifts rightward. D) AD curve shifts leftward.
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Question

Quizplus · Accepted Answer

Demand-pull inflation occurs when the aggregate demand (AD) curve shifts to the right, indicating an increase in demand for goods and services in the economy, leading to higher prices.

Demand-Pull Inflation Starts as the