Demand-pull inflation can start when
A. money wage rates rise but the price level does not change.
B. money wage rates rise faster than prices.
C. the short-run aggregate supply curve shifts rightward.
D. the aggregate demand curve shifts rightward.
Answer:D
Demand-pull inflation can start when
A. money wage rates rise but the price level does not change. B. money wage rates rise faster than prices. C. the short-run aggregate supply curve shifts rightward. D. the aggregate demand curve shifts rightward.