When will a decrease in aggregate demand not result in a lower inflation rate in the short run?

What will be an ideal response?

A decrease in aggregate demand will not result in a lower inflation rate in the short run if there is no change in the price level as a result of the decrease in aggregate demand. If, for example, aggregate supply decreases and potential GDP decreases at the same time that aggregate demand is decreasing, the inflation rate may remain unchanged.

Economics

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List three reasons why a firm might experience economies of scale

What will be an ideal response?

Economics

An increase in the price of ink will shift the supply curve for pens to the left

a. True b. False Indicate whether the statement is true or false

Economics