An Increase in Aggregate Demand Normally Does Not Cause Inflation

question 79

True/False

An increase in aggregate demand normally does not cause inflation.

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Definitions:

Executive Information System

A type of management support system that provides senior executives with easy access to important internal and external information relevant to strategic decision-making.

Operating System

Software that manages computer hardware and software resources and provides common services for computer programs.

Electronic Spreadsheets

Software applications used for data organization, analysis, and storage in a tabular form, commonly used for accounting and financial calculations.

Managerial Judgment

The process by which managers make decisions based on a combination of facts, analysis, wisdom, experience, and intuition.