Inflation Occurs Over Time as a Result of

question 105

Multiple Choice

Inflation occurs over time as a result of

• A)long- run aggregate supply increasing faster than short- run aggregate supply.
• B)long- run aggregate supply increasing faster than aggregate demand.
• C)decreases in aggregate demand.
• D)aggregate demand increasing faster than long- run aggregate supply.

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Definitions:

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501(c)(4)

A designation for a type of nonprofit organization in the United States exempt from federal income tax, which promotes social welfare.

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.

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