Exhibit 10-4 Aggregate supply and demand curves The increase in the price level as the economy moves from E₁ to E₂ in Exhibit 10-4 represents: A)cost-push inflation. B)demand-shock inflation. C)wage push inflation. D)demand-pull inflation.

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The Answer of Exhibit 10-4 Aggregate supply and demand curves The increase in the price level as the economy moves from E₁ to E₂ in Exhibit 10-4 represents: A)cost-push inflation. B)demand-shock inflation. C)wage push inflation. D)demand-pull inflation.

Exhibit 10-4 Aggregate Supply and Demand Curves the Increase