Demand-pull inflation starts with a shift of the
A) AD curve leftward.
B) AD curve rightward.
C) potential GDP line leftward.
D) AS curve leftward.
E) AS curve rightward.

Name: Demand-pull inflation starts with a shift of the A) AD curve leftward. B) AD curve rightward. C) potential GDP line leftward. D) AS curve leftward. E) AS curve rightward.
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Question

Quizplus · Accepted Answer

Demand-pull inflation is caused by an increase in demand for goods and services, which is represented by a rightward shift of the Aggregate Demand (AD) curve.

Demand-Pull Inflation Starts with a Shift of the