________ Occurs When Increases in Aggregate Demand Are Not Matched

question 56

Multiple Choice

________ occurs when increases in aggregate demand are not matched by increases in aggregate supply.

• A)Demand-pull inflation
• B)Cost-push inflation
• C)Unemployment
• D)Deflation

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Definitions:

Primacy Effect

The tendency to remember information at the beginning of a list better than information that comes later.

Brief Bit

A small or succinct piece of information or news.

Behavior

The actions, reactions, or conduct of an individual, group, or system in response to external or internal stimuli.

Perceived

Relates to the way in which an individual or group views, understands, and interprets something, often affecting attitudes and behaviors.