in the long run, demand-pull inflation multiple choice starts out with a shift in the as curve but no shift of the ad curve. starts out with a rightward shift in the ad curve, followed by a resulting leftward shift of the short-run as curve. starts out with a leftward shift in the ad curve, followed by a resulting rightward shift of the short-run as curve. involves a shift of the ad curve only, with no shift of the as curve.