If AD increases at a faster rate than AS, the result will be

a. demand-side inflation.
b. supply-side inflation.
c. falling prices.
d. stable prices.


a

Economics

You might also like to view...

Approximately what percentage of the world's economies experience scarcity?

a. 10% b. 40% c. 85% d. 100%

Economics

If average labor productivity decreases while population and the number of employed workers remain constant, then total output:

A. increases. B. decreases. C. may increase or decrease. D. remains constant.

Economics

Productivity is output per unit of ___________.

Fill in the blank(s) with the appropriate word(s).

Economics

One purpose of patents is to ______ invention.

a. encourage b. discourage c. replace d. advertise

Economics