Initially, demand-pull inflation will A) increase both the ...

[mckennatimberlake]

Initially, demand-pull inflation will
 
  A) increase both the price level and increase real GDP.
  B) shift the aggregate supply curve rightward.
  C) decrease potential GDP.
  D) increase the price level and decrease real GDP.
  E) increase the price level and not change real GDP.

Question 2

The sustained expansion of production possibilities is called
 
  A) opportunity cost of growth.
  B) production possibilities.
  C) economic growth.
  D) economic investment.
  E) production expansion.

[chevyboi1976]

Answer to Question 1

A

Answer to Question 2

C

[mckennatimberlake]

TYSM

[Dominic]

Thanks for the timely response, appreciate it