Demand-Side Inflation Is Most Likely to Occur When the Economy

question 4

Multiple Choice

Demand-side inflation is most likely to occur when the economy

• A) has substantial excess capacity.
• B) is approaching or operating at full employment.
• C) has an aggregate demand curve shifting to the left.
• D) has a horizontal aggregate supply curve.
• E) has labor productivity rising faster than wages.

---

Definitions:

Games

Activities engaged in for pleasure that include rules and often competition with one or more individuals.

Symbolic Play

A type of play where children use objects, actions, or ideas to represent other objects, actions, or ideas, exercising their imagination and cognitive abilities.

Cardboard Cylinder

A tube-shaped object made from a type of heavy-duty paper, used in various applications from packaging to craft projects.

Sailor

A person whose profession is navigation and operation of ships or someone skilled in seafaring.