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Social Science Clinic => Economics => Topic started by: yoooooman on Jun 29, 2018

Title: Demand-pull inflation starts with A) an increase in aggregate demand. B) a decrease in aggregate ...
Post by: yoooooman on Jun 29, 2018

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.

Question 2

The Fed raises the interest rate when it
 
  A) fears recession.
  B) wants to increase the quantity of money.
  C) fears inflation.
  D) wants to encourage bank lending.
  E) cannot change the quantity of money.

Title: Demand-pull inflation starts with A) an increase in aggregate demand. B) a decrease in aggregate ...
Post by: katheyjon on Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

C

Title: Demand-pull inflation starts with A) an increase in aggregate demand. B) a decrease in aggregate ...
Post by: yoooooman on Jun 29, 2018

Correct answers!

Title: Demand-pull inflation starts with A) an increase in aggregate demand. B) a decrease in aggregate ...
Post by: katheyjon on Jun 29, 2018

Great! Please up vote :D