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billyhilly billyhilly
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5 years ago

Question 1.

Other things equal, cost-push inflation results in output ________ and the price level ________.



▸ increasing; increasing

▸ increasing; decreasing

▸ decreasing; increasing

▸ decreasing; decreasing

Question 2.

________ corresponds to lower output and ________ corresponds to higher output.



▸ Cost-push inflation; demand-pull inflation

▸ Demand-pull inflation; stagflation

▸ Stagflation; cost-push inflation

▸ Demand-pull inflation; cost-push inflation
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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macemace
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billyhilly Author
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5 years ago
This helped my grade so much Perfect
joyceess
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Good timing, thanks!
dearsophia21
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2 hours ago
this is exactly what I needed
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