Exhibit 14-3 Aggregate supply and demand curves

-In Exhibit 14-3,the change in equilibrium from E₁ to E₂ represents:
A) cost-push inflation.
B) demand-pull inflation.
C) price-push inflation.
D) wage-push inflation.

Question

Exhibit 14-3 Aggregate supply and demand curves
 
-In Exhibit 14-3,the change in equilibrium from E₁ to E₂ represents:
A) cost-push inflation. 
B) demand-pull inflation. 
C) price-push inflation. 
D) wage-push inflation.

Quizplus · Accepted Answer

The Answer of Exhibit 14-3 Aggregate supply and demand curves
 
-In Exhibit 14-3,the change in equilibrium from E₁ to E₂ represents:
A) cost-push inflation. 
B) demand-pull inflation. 
C) price-push inflation. 
D) wage-push inflation.

Exhibit 14-3 Aggregate Supply and Demand Curves