Which of the following can cause inflation?
A) increases in aggregate demand only
B) increases in aggregate supply only
C) increases in aggregate supply or decreases in aggregate demand
D) increases in aggregate demand or decreases in aggregate supply
Correct Answer:
Verified
Q90: What typically causes cost-push inflation?
A) an outward
Q91: What is the difference between demand-pull inflation
Q92: Which of the following would allow a
Q93: Suppose the aggregate demand curve shifts rightward,
Q94: Suppose the price levels in four successive
Q96: Which of the following would likely lead
Q97: What causes demand-pull inflation?
A) an inward shift
Q98: What does hyperinflation refer to?
A) extremely rapidly
Q99: Suppose Corrine received a 3 percent increase
Q100: During the 1970s, inflation occurred because OPEC
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