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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
Initially in a cost-push inflation
A) the price level rises and real GDP decreases.
B) the price level and real GDP both increase.
C) only real GDP changes while the price level remains constant.
D) All of the above answers are correct.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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7 years ago
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vellojo Author
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7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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