Author Question: Demand-side inflation occurs when A) long-run aggregate demand rises faster than short-run ... (Read 86 times)

imowrer · **on:** Jun 30, 2018

Demand-side inflation occurs when

A) long-run aggregate demand rises faster than short-run aggregate supply.
B) aggregate demand falls more rapidly than aggregate supply.
C) increases in aggregate supply outstrip increases in aggregate demand.
D) increases in aggregate demand are not matched by increases in aggregate supply.

Question 2

From the late 1980s to 2000, the natural rate of unemployment

A) fluctuated up and down, following the path of the actual rate of unemployment.
B) gradually declined.
C) climbed sharply.
D) held constant.