Demand-Pull Inflation Is Caused by

question 267

Multiple Choice

Demand-pull inflation is caused by

• A) aggregate demand increasing along a horizontal aggregate supply curve.
• B) aggregate demand decreasing along a horizontal aggregate supply curve.
• C) aggregate demand decreasing along an upward sloping or a vertical aggregate supply curve.
• D) aggregate demand increasing along an upward sloping or a vertical aggregate supply curve.

---

Definitions:

Small Business

Any independently owned and operated business that is not dominant in its competitive area and does not employ more than 500 people.

Competitive Area

The space or domain in which businesses compete against each other for market share.

Independently Owned

Refers to a business or property that is owned by an individual or a group without corporate or external control.