In the short run, demand pull inflation increases Multiple Choice nominal wages, but in the long run only real wages real output and the price level, but in the long run only the price level real output and the price level, but in the long run only real output real wages, but in the long run only n...

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In the short run, demand-pull inflation increases Multiple Choice nominal wages, but in the long run only

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In the short run, demand-pull inflation increases

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nominal wages, but in the long run only real wages.
real output and the price level, but in the long run only the price level.
real output and the price level, but in the long run only real output.
real wages, but in the long run only nominal wages.

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