-In the Above Figure, the Movement from Point a to B

question 42

Multiple Choice

-In the above figure, the movement from point A to B to C to D to E represents

• A)demand- pull inflation resulting solely from wage responses to excess labour demand.
• B)cost- push inflation resulting from persistent increases in the quantity of money.
• C)demand- pull inflation resulting from persistent increases in the quantity of money.
• D)cost- push inflation resulting solely from wage responses to excess labour demand.

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