An increase in aggregate is more likely to lead to demand pull inflation if:

Related MCQs

• Theoretically, one can distinguish a demand- pull inflation from a cost-push inflation by comparing
• Demand- Pull inflation is caused by an
• Demand-pull inflation arises when
• The most probable outcome of increase in aggregate demand is
• Which people are most likely to gain during inflation?
• Countries with the highest inflation rates are likely to have
• When aggregate economic activity is increasing, the economy is said to be in
• When aggregate economic activity is declining, the economy is said to be in
• Inflation is a situation when
• An inflation caused by an enhanced wages of labour is