Which of the following could begin an episode of demand-pull inflation?
A) an increase in oil prices
B) an decrease in consumer optimism
C) a faster rate of economic growth by a major trading partner country
D) expectations of lower rates of return in investment
Correct Answer:
Verified
Q105: Figure 9-2 Q106: What impact does cost-push inflation have on Q107: If real output is currently greater than Q108: What will a sharp fall in oil Q109: In the short run,what is the impact Q111: What impact does a sudden increase in Q112: In a stagflation situation,what happens to unemployment Q113: If real output is currently less than Q114: Figure 9-3 Q115: What do demand-pull inflation and cost-push inflation
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