Inflation Reduces Aggregate Demand Mainly By

question 60

Multiple Choice

Inflation reduces aggregate demand mainly by:

• A)Increasing nominal GDP
• B)Increasing velocity
• C)Reducing real balances
• D)Increasing wealth

---

Definitions:

Brainstorming

A method of generating ideas by recording everything people in a group think of, without judging or evaluating the ideas.

Openers

Phrases or sentences used at the beginning of a piece of writing or speech designed to engage the audience and set the tone.

Community

A group of interacting living organisms sharing a populated environment, typically considered within a specific geographical area.

Ecosystem

An ecosystem consists of living entities and their inanimate environmental elements, working together as a unified system.