A demand-pull inflation initially is characterized by
A) increasing real output and a labor surplus.
B) no change in real output and a labor shortage.
C) decreasing real output and a labor surplus.
D) decreasing real output and a labor shortage.
E) increasing real output and a labor shortage.
E
Economics
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The wealth effect on consumer spending is
A) about the same as the effect on plant and equipment expenditure. B) about the same as the effect on residential construction. C) less than the effect on plant and equipment expenditure. D) larger than the effect on residential construction.
Economics
What factors might cause the interest rates to differ? Explain
What will be an ideal response?
Economics