Demand-Pull Inflation Results from Continually Increasing the Quantity of Money

question 71

Multiple Choice

Demand-pull inflation results from continually increasing the quantity of money, which leads to continually

• A) decreasing aggregate demand.
• B) decreasing potential GDP.
• C) increasing aggregate supply.
• D) increasing potential GDP.
• E) increasing aggregate demand.

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Definitions:

Sample

A subset of individuals or events from a larger population used to conduct statistical analysis.

Mean

The average value of a set of numbers, calculated by dividing the sum of all numbers in the set by the quantity of numbers.

Hypothesis Testing

A method of statistical inference used to decide if data supports a specific hypothesis.

Statistical Procedures

Statistical procedures are methodologies utilized in collecting, analyzing, interpreting, and presenting data.