Which of the following are examples of demand-pull inflation? Select all that apply an increase in interest rates O a decrease in exports a cut in interest rates O a tax cut
Which of the following are examples of demand-pull inflation? Select all that apply an increase in interest rates O a decrease in exports a cut in interest rates O a tax cut
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:Rank the following sources of budget receipts (income to governmen
✓ Corporate Income Tax
✓
Indirect Tax
Social Security Tax
Personal Income Tax
QUESTION 21
Which of the following are examples of demand-pull inflation?
Select all that apply
an increase in interest rates
O a decrease in exports
a cut in interest rates
a tax cut
QUESTION 22
To create inflation, aggregate demand must increase
O True
O False
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