1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kati45 [8]
3 years ago
8

When Robert Shiller asked a sample of the general public what they thought caused​ inflation, the most frequent answer he receiv

ed was​ "greed." Most economists would argue that inflation is caused by:_______
a. changes in aggregate supply.
b. changes in aggregate demand.
c. changes in both aggregate demand and aggregate supply.
d. ​firms' greed.
Social Studies
1 answer:
barxatty [35]3 years ago
6 0

Answer:

c. changes in both aggregate demand and aggregate supply.

Explanation:

Aggregate demand which is also known as domestic final demand (DFD) refers to the demand of services and final goods in a specific market. On the other hand, aggregate supply refers to the supply of that service or final good to a specific market. Hence, it is the difference in the aggregate demand and aggregate supply of a product or good or service in a specific market. When the supply is lower than the demand, it automatically leads to inflation. There the option that changes in both aggregate demand and aggregate supply is correct.

You might be interested in
Which country faces terrorism that may limit citizen freedoms?Immersive Reader
Andreyy89
It’s Kenya miss gurl
4 0
2 years ago
Based on what you know about downward comparisons, which emotion is most likely to follow a downward comparison?
mel-nik [20]
Sadness, depression, anger.

4 0
2 years ago
Beginning in the late 1700s, forts were built throughout the Ohio territory to
bulgar [2K]
<span>Beginning in the late 1700s, forts were built throughout the Ohio territory to</span><span> protect white settlers from attacks by American Indians.
</span>
7 0
3 years ago
Read 2 more answers
As a proponent of progressive creationism, Groothuis thinks that traditional views, such as the doctrine of creation ex nihilo a
gladu [14]

The correct answer is A) true.

It is true that s a proponent of progressive creationism, Groothuis thinks that traditional views, such as the doctrine of creation ex nihilo and the special creation of Adam and Eve, are flexible in their specifics.

Douglass R. Groothuis is an American philosopher that has dedicated part of his research to investigate moral and ethical issues in modern societies and how this affects the culture and traditions of people. One is his recent works is how the internet has changed people's behavior and affected the way they live.

4 0
3 years ago
Suppose the U.S. government increased its spending on infrastructure and paid for this increased spending with a tax on consumpt
CaHeK987 [17]

Answer: Economic growth will be negatively affected as there will be a decline in the demand for goods and services.

Explanation:

Economic growth is the increase in the output of goods and services in the economy. A consumption tax on goods consumed would lead to an increase in price which in turn, leads to a fall in the real income of comsumers.

The fall in real income of consumers will lead to reduction in the demand of goods which will also lead to the reduction in the GDP of a country.

8 0
3 years ago
Other questions:
  • What was the political body that represented Americans in challenged British control
    9·1 answer
  • What are the core concepts of nursing
    10·1 answer
  • Stephanie knows she can say "oh my gosh" and "bff" when talking with her friends, but won't use phrases like these when speaking
    9·1 answer
  • What was an effect of Black Plague on families?
    5·2 answers
  • In terms of adolescents developing romantic relationships, early bloomers are those who are in or have been in a relationship at
    11·1 answer
  • Consider the importance of the constitution.
    6·1 answer
  • Which BEST describes the relationship between Nelson Mandela and President F.W. De Klerk after Mandela was released from prison?
    13·2 answers
  • Somebody please help :(
    15·2 answers
  • 40 POINTS PLEASE ANSWER CORRECTLY
    8·1 answer
  • Protesting me led to the Boston Massacre. I made the colonists house &amp; give supplies to British troops.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!