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Loraine Loraine
wrote...
Posts: 4563
8 years ago
In a demand-pull inflation, if the Fed stops expanding the quantity of money,
A) a cost-push inflation will occur.
B) government expenditure will cause the demand-pull inflation to continue.
C) a deflation will occur.
D) the demand-pull inflation ends.
E) None of the above answers is correct.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 324 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
8 years ago
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Loraine Author
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8 years ago
this is exactly what I needed
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Yesterday
Thanks
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2 hours ago
You make an excellent tutor!
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