When the price level rises because the AD curve shifts rightward, the economy experiences which of the following?

Multiple choice question.

Cost-caused recession

Demand-caused recession

Cost-push inflation

Demand-pull inflation

1 answer

When the price level rises because the Aggregate Demand (AD) curve shifts rightward, the economy experiences demand-pull inflation.

This type of inflation occurs when an increase in aggregate demand outpaces aggregate supply, leading to higher prices.