MCQOPTIONS
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MCQOPTIONS
| 1. |
An increase in aggregate demand is more likely to lead to demand pull inflation if ? |
| A. | Aggregate supply is perfectly elastic |
| B. | Aggregate supply is Perfectly inelastic |
| C. | Aggregate supply is unit elastic |
| D. | Aggregate supply is relatively elastic |
| Answer» C. Aggregate supply is unit elastic | |