Question: Complete the sentences with the correct terms. Demand - pull inflation occurs when increases until equilibrium output exceeds the full employment level. For instance, this

Complete the sentences with the correct terms.
Demand-pull inflation occurs when increases until equilibrium output exceeds the full employment level. For instance, this can be caused by an increase in Temporarily, both aggregate output and increase, as resources are beyond capacity. Eventually, the economy returns to long-run equilibrium when short-run aggregate supply decreases until it and aggregate demand intersect at the same point on the curve. Finally, returns to its fullemployment level, and again increases.
 Complete the sentences with the correct terms. Demand-pull inflation occurs when

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