A demand-pull inflation is caused by an increase in the demand for output. Therefore, economists say that this type of inflation is actually good for the economy
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
The prisoner's dilemma illustrates
A) how oligopolists engage in implicit collusion under strategic situations. B) how cooperation in strategic situations leads to the economically efficient market outcome. C) why firms will not cooperate if they behave strategically. D) why firms have an incentive to cheat on agreements.
Economics
What is the primary reason exchange rates were overvalued under ISI?
What will be an ideal response?
Economics