Aggregate Demand and Supply Quiz (Ch. 12 + 13)

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5 Questions

What are the shifters of Aggregate Demand (AD)?

What is the cause of Demand-Pull Inflation?

What is the primary tool of Monetary Policy?

What is the recommended fiscal approach during a period of inflation?

What are the impacts of Covid-19 on inflation according to the text?


Test your understanding of aggregate demand and aggregate supply with this quiz. Identify the shifters of both AD and AS, and learn about their impacts on equilibrium GDP, including demand-pull inflation.

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