MCQOPTIONS
Saved Bookmarks
| 1. |
An increase in aggregate demand is more likely to lead to demand pull inflation |
| A. | if aggregate supply is completely elastic |
| B. | if aggregate supply is completely inelastic |
| C. | if aggregate supply is unitary elastic |
| D. | if aggregate supply is moderately elastic |
| Answer» C. if aggregate supply is unitary elastic | |