which one is true Demand‑pull inflation is caused by a decrease in short‑run aggregate supply to an equilibrium point below full employment. an increase in aggregate demand to an equilibrium point below full employment. a decrease in short‑run aggregate supply to an equilibrium point beyond full employment. an increase in aggregate demand to an equilibrium point beyond full employment. Cost‑push inflation is caused by an increase in aggregate demand to an equilibrium point beyond full employment. an increase in aggregate demand to an equilibrium point below full employment. a decrease in short‑run aggregate supply to an equilibrium point beyond full employment. a decrease in short‑run aggregate supply to an equilibrium point below full employment.
which one is true Demand‑pull inflation is caused by a decrease in short‑run aggregate supply to an equilibrium point below full employment. an increase in aggregate demand to an equilibrium point below full employment. a decrease in short‑run aggregate supply to an equilibrium point beyond full employment. an increase in aggregate demand to an equilibrium point beyond full employment. Cost‑push inflation is caused by an increase in aggregate demand to an equilibrium point beyond full employment. an increase in aggregate demand to an equilibrium point below full employment. a decrease in short‑run aggregate supply to an equilibrium point beyond full employment. a decrease in short‑run aggregate supply to an equilibrium point below full employment.
Chapter14: Aggregate Demand And Supply
Section: Chapter Questions
Problem 10SQP
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which one is true
Demand‑pull inflation is caused by
a decrease in short‑run aggregate supply to an equilibrium point below full employment.
an increase in aggregate demand to an equilibrium point below full employment.
a decrease in short‑run aggregate supply to an equilibrium point beyond full employment.
an increase in aggregate demand to an equilibrium point beyond full employment.
Cost‑push inflation is caused by
an increase in aggregate demand to an equilibrium point beyond full employment.
an increase in aggregate demand to an equilibrium point below full employment.
a decrease in short‑run aggregate supply to an equilibrium point beyond full employment.
a decrease in short‑run aggregate supply to an equilibrium point below full employment.
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