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Exhibit 10-4 Aggregate Supply and Demand Curves the Increase

Question 26

Multiple Choice

Exhibit 10-4 Aggregate supply and demand curves Exhibit 10-4 Aggregate supply and demand curves The increase in the price level as the economy moves from E<sub>1</sub> to E<sub>2</sub> in Exhibit 10-4 represents: A) cost-push inflation. B) demand-shock inflation. C) wage push inflation. D) demand-pull inflation. The increase in the price level as the economy moves from E1 to E2 in Exhibit 10-4 represents:


A) cost-push inflation.
B) demand-shock inflation.
C) wage push inflation.
D) demand-pull inflation.

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