_________ inflation can be explained by an ________ shift in the aggregate _________ curve
a. Demand-pull, leftward, demand
b. Cost-push, rightward, supply
c. Demand-pull, leftward, supply
d. Cost-push, rightward, supply
d
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Explain the lingering effects of colonialism and how it is still playing a role in hindering economic development in the developing world
What will be an ideal response?
Special interest groups are a determent to the political process.
A. True B. False C. Uncertain
When governments rapidly increase the supply of money, the usual result is
A. deflation. B. low inflation. C. hyperinflation. D. increasing long-term investment.
Which of the following would shift the aggregate demand curve to the right?
A. A lower future expected price level B. An increase in foreign income C. An appreciation of the value of a country's currency D. An increase in imports