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Author Question: Inflation caused by a rise in oil prices is an example of (Read 87 times)

bobypop

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Question 1

Wages and prices chasing each other as aggregate demand continually shifts to the right and aggregate supply continually shifts to the left is called
◦ demand-pull inflation.
◦ structural inflation.
◦ cost-push inflation.
◦ wage-price spiral.

Question 2

Inflation caused by a rise in oil prices is an example of
◦ demand-pull inflation.
◦ expectations-generated inflation.
◦ cost-push inflation.
◦ hyperinflation.


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Marked as best answer by bobypop on May 25, 2020

isabelt_18

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bobypop

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Reply 2 on: May 25, 2020
:D TYSM


gcook

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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