Demand-Pull Inflation in the Short-Run Raises the Price Level And

question 50

Multiple Choice

Demand-pull inflation in the short-run raises the price level and:

• A) Real wages
• B) Real output
• C) The unemployment rate
• D) Nominal wages

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Definitions:

Teratogenic Agents

Substances that can cause developmental malformations (birth defects) in an embryo or fetus when exposed during pregnancy.

Physiological State

The condition of the body at a given time, including its physical and chemical processes.

Wartime Famine

A severe shortage of food during a period of armed conflict, leading to widespread hunger and malnutrition.