In the Long Run, Demand-Pull Inflation

question 14

Multiple Choice

In the long run, demand-pull inflation:

• A)increases unemployment.
• B)decreases nominal wages.
• C)decreases real output.
• D)increases the price level.

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Definitions:

Blood Osmolality

A measure of the solute concentration in the blood, affecting the movement of water between body compartments.

Chloride Ions

Negatively charged ions (Cl⁻) that play essential roles in fluid balance, nerve signaling, and muscle activity in the body.

Na+

Sodium ions, which are essential for various bodily functions including maintaining fluid balance and transmitting nerve impulses.