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_______ inflation can be explained by an ________ shift in the aggregate _________ curve.
a. Cost-push, rightward, supply
b. Demand-pull, leftward, demand
c. Demand-pull, leftward, supply
d. Cost-push, rightward, supply

Respuesta :

Answer: Demand-pull, leftward, demand.

Explanation: DEMAND-PULL inflation can be explained by an LEFTWARD shift in the aggregate DEMAND curve.

In a Demand-pull inflation an increase demand leads to an equivalent increase in price which leads to a rise on the demand curve.

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