Answered: Demand-pull inflation Demand-pull…

Demand-pull inflation Demand-pull inflation occurs when: A. input costs rise. B. unemployment is above the natural rate. C. people incorrectly forecast inflation. D. aggregate demand increases.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Demand-pull inflation

Demand-pull inflation occurs when:

		A. input costs rise.
		B. unemployment is above the natural rate.
		C. people incorrectly forecast inflation.
		D. aggregate demand increases.

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