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28 July, 17:13

Inflation can be caused by A. increases in the long-run aggregate supply curve or decreases in the aggregate demand curve. B. decreases in the long-run aggregate supply curve or decreases in the aggregate demand curve. C. decreases in the long-run aggregate supply curve or increases in the aggregate demand curve. D. increases in the long-run aggregate supply curve or increases in the aggregate demand curve.

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  1. 28 July, 18:05
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    Answer: d

    Explanation: the increase in the aggregate demand leads to increase in the price level. Workers have a higher expending capacity.

    Any increase in the demand production causes the prices

    to increase.
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