Inflation caused by an increase in aggregate spending is referred to as:
A. Cost-push inflation
B. Anticipated inflation
C. Demand-pull inflation
D. Hyperinflation
C. Demand-pull inflation
You might also like to view...
If good B is a complement to good A, then a decrease in the price of B
a. increases the quantity demanded of A b. decreases the demand for A c. increases the demand for A d. decreases the quantity demanded of A e. will cause the demand for B to increase
Refer to the above data. If the price of X decreases to $2, then the utility-maximizing combination of the two products is:
A) 2 of X and 5 of Y. B) 4 of X and 6 of Y. C) 6 of X and 3 of Y. D) 4 of X and 5 of Y.
An increase in a U.S. resident's income earned in Japan implies a/an
A. increase the United States' Gross Domestic Product. B. decrease Japan's Gross Domestic Product. C. decrease the United States' Gross Domestic Product. D. increase Japan's Gross Domestic Product.
It is ______ that a tariff, unlike a quota, provides revenues to the government; it is ________ that a quota directly limits the quantity of a nation's imports from a specific country.
A. true; true B. false; false C. false; true D. true; false