When the aggregate demand curve shifts ________ than the long-run aggregate supply shifts leftward, the result will be inflation.
A) rightward at a slower rate
B) leftward at a slower rate
C) rightward at a faster rate
D) leftward at the same rate
Correct Answer:
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Q281: Q282: In the long run, persistent inflation in Q283: Q284: Which of the following would unambiguously generate Q285: What causes demand-side inflation? What causes supply-side Q287: When the economy is in long-run equilibrium, Q288: What would likely happen to the long-run Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents