An unanticipated shift to a more expansionary macro-policy that leads to a higher-than-expected rate of inflation will

The time gap between a nation's decision to implement a corrective economic policy and the actual results of the policy is known as the:

A) inside lag. B) inside lapse. C) outside lag. D) outside lapse.

The aggregate demand curve is the total quantity of an economy's

A) intermediate goods demanded at different inflation rates. B) intermediate goods demanded at a particular inflation rate. C) final goods and services demanded at a particular inflation rate. D) final goods and services demanded at different inflation rates.