One-shot inflation can be caused by
A) increases in aggregate demand only.
B) decreases in aggregate supply only.
C) either increases in aggregate demand or decreases in aggregate supply.
D) neither increases in aggregate demand nor decreases in aggregate supply.
C
Economics
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When your budget line is just tangent to your indifference curve, you are at your best affordable point
Indicate whether the statement is true or false
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John takes out a student loan at a bank but spends his money in Las Vegas to play at the casino. This situation is an example of
A) moral hazard. B) moral suasion. C) adverse selection. D) fraud.
Economics