Refer to the above figure. If the aggregate demand curve shifts beyond AD5, then the economy will ...

Author Question: Refer to the above figure. If the aggregate demand curve shifts beyond AD5, then the economy will ... (Read 76 times)

captainjonesify

Hero Member
Posts: 543

on: Jun 30, 2018

Refer to the above figure. If the aggregate demand curve shifts beyond AD5, then the economy will experience

A) stagflation. B) demand-pull inflation.
C) structural inflation. D) cost-push inflation.

Question 2

Prices for industrial commodities such as steel rods or machine tools are

A) heavy prices. B) custom prices. C) auction prices. D) sticky prices.

Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7^th Edition

Buy Test-Bank

frankwu0507

Sr. Member
Posts: 322

Reply #1 on: Jun 30, 2018

Answer to Question 1

B

Answer to Question 2

B

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.