Exhibit 10-2 Aggregate Supply and Demand Curves

question 44

Multiple Choice

Exhibit 10-2 Aggregate supply and demand curves

In Exhibit 10-2, the change in equilibrium from E₁ to E₂ represents:

• A) cost-push inflation.
• B) demand-pull inflation.
• C) price-push inflation.
• D) wage-push inflation.

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