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A Demand-Pull Inflation Consists of ________ Shifts in the AD

question 293

Multiple Choice

A demand-pull inflation consists of ________ shifts in the AD curve and ________ shifts in the SAS curve.


Definitions:

Reactionary

A political viewpoint characterized by opposition to progress or change and aiming to return to a previous state or condition.

Environmental Protection

A practice of safeguarding the natural environment on individual, organizational, or governmental levels, for the benefit of both the environment and humans.

Global Village

A term popularized by Marshall McLuhan, describing the world as a connected community facilitated by electronic communication.

Marshall McLuhan

A pioneering Canadian scholar in the field of media theory, best known for coining the expressions "the medium is the message" and "global village."

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