A Demand-Pull Inflation Initially Is Characterized by

question 323

Multiple Choice

A demand-pull inflation initially is characterized by

• A) increasing real output and a labor shortage.
• B) increasing real output and a labor surplus.
• C) decreasing real output and a labor shortage.
• D) decreasing real output and a labor surplus.

---

Definitions:

Communication Effectiveness

The degree to which communicated information is understood and achieves its intended effect.

Sender

The person or entity that initiates a message or communication.

Receiver

An individual or entity that is the target or recipient of a message, communication, or signal.

Intended Message

The specific information or emotion that a communicator aims to convey to the recipient.