Demand-Pull Inflation Starts with

question 103

Multiple Choice

Demand-pull inflation starts with

• A)an increase in aggregate demand.
• B)a decrease in aggregate demand.
• C)an increase in potential GDP.
• D)an increase in aggregate supply.
• E)a decrease in aggregate supply.

---

Definitions:

Central Proposition

A fundamental principle or idea that is central to and supports a theory, argument, or belief system.

Personalities

The combination of characteristics or qualities forming an individual's distinctive character, often influencing their behavior and reactions.

Situation

The set of environmental and contextual factors present at a certain time and location.

Downward Comparison

A comparison of oneself with those who are worse off.