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nexus9112 [7]
2 years ago
11

Complete the sentences with the correct terms.

Social Studies
1 answer:
Pani-rosa [81]2 years ago
7 0

The word to complete the sentence are:

  • Aggregate demand
  • Long-run aggregate supply
  • Short-run aggregate supply
  • Consumer spending
  • The aggregate
  • The price level
  • Aggregate output.

<h3>What is a Sentence?</h3>

A sentence is a set of words that complete itself. They contain a subject and a predicate and convey a statement.

Demand-pull inflation occurs when Aggregate Demand increases until equilibrium output exceeds the full employment level. For instance, this can be caused by an increase in Long-run Aggregate supply. Temporarily, both aggregate output and Short-run aggregate supply increases as resources are beyond capacity. Eventually, the economy returns to long-run equilibrium when Consumer spending decreases until it and aggregate demand intersects at the same point on the aggregate curve. Finally, the price level returns to its full employment level and aggregate output again increases.

Learn more about a Sentence here:

brainly.com/question/552895

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