If the economy is initially at full employment, an increase in aggregate demand will result in...
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If the economy is initially at full employment, an increase in aggregate demand will result in demand-pull inflation. profit-push inflation. unemployment. cost-push inflation. If the economy is initially at full employment, an increase in aggregate demand will result in demand-pull inflation. profit-push inflation. unemployment. cost-push inflation.
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ANSWER A Demandpull inflation Demandpull inflation is when there is an increase in aggregate demand ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-1118147290
15th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
Posted Date:
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