The Following Image Shows the Aggregate Demand and Aggregate Supply

question 56

Multiple Choice

The following image shows the aggregate demand and aggregate supply curves of an economy.In the graph below,the rise in the price levels from P₁ to P₂ is a result of: ​ ​
Figure 7.1

• A)cost-pull inflation.
• B)cost-push inflation.
• C)demand-push inflation.
• D)demand-pull inflation.
• E)induced inflation.

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Organizational Patterns

The structures used to arrange or classify information, ideas, or items in writing or speeches, such as chronological or cause-and-effect.

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To act in accordance or harmony with established rules, standards, or patterns.

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Something that is complex, not simple, involving many different and connected parts.