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vellojo vellojo
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Posts: 2982
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2 years ago
At the start of a cost-push inflation,
A) the price level rises and real GDP does not change.
B) only real GDP changes while the price level remains constant.
C) the price level and real GDP both increase.
D) the price level rises and real GDP decreases.
Textbook 

Foundations of Macroeconomics


Edition: 8th
Authors:
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3 Replies
Studying economics @ Edinburgh U
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ukraniaukrania
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2 years ago
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2 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
wrote...
2 years ago
Thanks Upwards Arrow
Dream it. Person Raising Both Hands in Celebration
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