If aggregate demand increases; while aggregate supply remains the same: Group of answer choices surplus will cause the aggregate demand to shift to the left. shortages will cause cost-push inflation surplus will cause cost-push inflation surplus will cause demand-pull inflation shortages will cause demand-pull inflation
If aggregate demand increases; while aggregate supply remains the same: Group of answer choices surplus will cause the aggregate demand to shift to the left. shortages will cause cost-push inflation surplus will cause cost-push inflation surplus will cause demand-pull inflation shortages will cause demand-pull inflation
Chapter7: Inflation
Section: Chapter Questions
Problem 13SQ
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Question
If aggregate demand increases; while aggregate supply remains the same:
Group of answer choices
surplus will cause the aggregate demand to shift to the left.
shortages will cause cost-push inflation
surplus will cause cost-push inflation
surplus will cause demand-pull inflation
shortages will cause demand-pull inflation
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