If Aggregate Demand Shifts Outward, the Result Will Be Inflation

question 94

True/False

If aggregate demand shifts outward, the result will be inflation.

---

Definitions:

Descriptive Statistics

Statistical methods that summarize and organize the characteristics of a set of data, using measures such as mean, median, mode, and standard deviation.

Researcher

An individual who conducts scientific studies in order to advance knowledge in a particular field, often through experiments, observations, and data analysis.

Socially Desirable

Pertaining to actions or behaviors that are widely accepted, admired, or valued in a social context.

Respond

To give an answer or reaction to a stimulus or situation.