One-Shot Inflation Can Result from an Increase in Aggregate Demand

question 33

True/False

One-shot inflation can result from an increase in aggregate demand or an increase in aggregate supply.

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Definitions:

Discontinuous Change

Abrupt, radical transformation in an organization or system that fundamentally alters its structure, processes, or operations.

Governed By Habit

Actions or behaviors that are regularly followed by an individual or organization due to their habitual nature, rather than conscious decision-making.

Re-create Institutions

The process of fundamentally redesigning and reforming established organizations or societal structures.

Legislative presentations

The process of proposing and discussing laws or policies before a legislative body.