Demand-pull inflation results from higher aggregate demand that  [Select (1)]. As a result, output [Select (2)] as firms seek to meet this higher demand. This [Select (3)] the demand for workers and leads the economy towards  [Select (4)], which causes the money wage to [Select (5)]. These higher costs of production cause prices to rise. (1) a - exceeds the economy's demand for goods and services b - exceeds the economy's ability to supply goods and services c - meets the economy's demand for goods and services d - meets the economy's supply for goods and services (2) a - increases b - decreases c - remains unchanged (3) a - increases b - decreases (4) a - unemployment b - full employment c - a recession (5) a - increase b - decrease c - remain unchanged

Demand-pull inflation results from higher aggregate demand that  [Select (1)]. As a result, output [Select (2)] as firms seek to meet this higher demand. This [Select (3)] the demand for workers and leads the economy towards  [Select (4)], which causes the money wage to [Select (5)]. These higher costs of production cause prices to rise.

(1)

a - exceeds the economy's demand for goods and services

b - exceeds the economy's ability to supply goods and services

c - meets the economy's demand for goods and services

d - meets the economy's supply for goods and services

(2)

a - increases

b - decreases

c - remains unchanged

(3)

a - increases

b - decreases

(4)

a - unemployment

b - full employment

c - a recession

(5)

a - increase

b - decrease

c - remain unchanged