Inflation caused by continually decreasing short-run aggregate supply is
A) demand-pull inflation. B) demand-push inflation.
C) cost-push inflation. D) cost-pull inflation.
C
Economics
You might also like to view...
Which are the two ways in which people can help charitable causes?
What will be an ideal response?
Economics
If the current price is above the equilibrium price, we would expect:
A) quantity demanded to exceed quantity supplied. B) upward pressure on price. C) quantity supplied to exceed quantity demanded. D) no change in the market price.
Economics