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Cost-push inflation starts with (Multiple Choice Question)

Loraine

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8 years ago

Cost-push inflation starts with (Multiple Choice Question)

Cost-push inflation starts with
A) an increase in aggregate demand.
B) a decrease in aggregate demand.
C) an increase in aggregate supply.
D) a decrease in aggregate supply.
E) an increase in potential GDP.

Textbook

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Sydnie

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#1

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Sydnie

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#2

8 years ago

I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile

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