Inflation is commonly the result of a
A)large budget deficit.
B)high level of interest rates.
C)high level of unemployment.
D)high level of aggregate demand.

Name: Inflation is commonly the result of a A)large budget deficit. B)high level of interest rates. C)high level of unemployment. D)high level of aggregate demand.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

Inflation often occurs when there is a high level of aggregate demand in the economy, which can lead to increased prices as demand outstrips supply.

Inflation Is Commonly the Result of a