An Increase in the Inflation Rate Shifts

question 42

Multiple Choice

An increase in the inflation rate shifts

• A) both the aggregate demand and supply curves left.
• B) only aggregate demand right.
• C) aggregate demand right and aggregate supply left.
• D) only aggregate supply left.
• E) aggregate demand left and aggregate supply right.

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Definitions:

Surface Chart

Form of line chart with a cumulative effect; all the lines add up to the top line, which represents the total.

Three-Dimensional

Having or appearing to have length, breadth, and depth, often used in reference to objects or images that have a sense of physical volume.

Terrains

The physical features of a tract of land, including its relief and the position of its natural and man-made features.

Segmented

Divided into separate parts or sections, often to target specific groups more effectively or to organize information more clearly.