Exhibit 7-2 
-The inflation illustrated in Exhibit 7-2 would be considered:
A) cost-pull inflation
B) cost-push inflation
C) demand-push inflation
D) demand-pull inflation
E) induced inflation
Correct Answer:
Verified
Q125: Which period in U.S.economic history was not
Q126: Demand-pull inflation is caused by an
A)inward shift
Q127: If the CPI in 2003 was 150
Q128: What was the result of increased oil
Q129: Which of the following would lead to
Q131: Cost-push inflation is typically caused by an
A)inward
Q132: Inflation can be caused by
A)increases in aggregate
Q133: The difference between demand-pull inflation and cost-push
Q134: Since the end of World War II,the
Q135: Demand-pull inflation is associated with
A)decreasing aggregate demand
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