Examlex

Solved

-Refer to the Above Graph

question 10

Multiple Choice

  -Refer to the above graph.Given that the economy is at an initial equilibrium where the AD<sub>1</sub> and AS<sub>1</sub> curves intersect,demand-pull inflation in the short run can best be represented by a shift from: A)  AS<sub>1</sub> to AS<sub>3</sub>. B)  AD<sub>1</sub> to AD<sub>2</sub>. C)  AS<sub>1</sub> to AS<sub>2</sub>. D)  AD<sub>2</sub> to AD<sub>1</sub>.
-Refer to the above graph.Given that the economy is at an initial equilibrium where the AD1 and AS1 curves intersect,demand-pull inflation in the short run can best be represented by a shift from:


Definitions:

Related Questions