A Rightward Shift in the Aggregate Demand Curve Generates a ________

question 190

Multiple Choice

A rightward shift in the aggregate demand curve generates a ________ inflation and ________ output.

• A) demand-pull; lower
• B) cost-push; higher
• C) demand-pull; higher
• D) cost-push; lower

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Definitions:

Inaugural Address

A speech given during a ceremony that marks the beginning of a leader's term in office, often setting the tone and direction for their administration.

Federalist

An advocate or supporter of federalism, particularly referring to members of a political group in the United States in the late 18th and early 19th centuries that supported a strong centralized government and the ratification of the US Constitution.

Appointive Offices

Positions of authority or responsibility within an organization or government that are assigned to individuals rather than elected.