Inflation can be started by
A) a decrease in aggregate supply or a decrease in aggregate demand.
B) a decrease in aggregate supply or an increase in aggregate demand.
C) an increase in aggregate supply or an increase in aggregate demand.
D) an increase in aggregate supply or a decrease in aggregate demand.
E) an increase in aggregate demand or an increase in potential GDP.
B
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A totalitarian leader
a. situational leadership b. participative leadership c. autocratic leadership d. laissez faire leadership
If you hear that unemployment decreased by 2 percentage points to 6 %in the past year, while the labor force participation rate remained constant, it means:
A. on a net basis, 2 out of every 10 people lost their job in the last year. B. on a net basis, 2 out of every 100 people lost their job in the past year. C. on a net basis, 4 out of every 100 unemployed persons found a job in the last year. D. on a net basis, 20 out of every 1,000 unemployed persons found a job in the last year.