f a country’s population growth rises faster than its economic growth, what type of inflation will this situation cause? a. Economic growth b. Demand-Pull Inflation c. Stagflation d. Cost-Push Inflation
f a country’s population growth rises faster than its economic growth, what type of inflation will this situation cause? a. Economic growth b. Demand-Pull Inflation c. Stagflation d. Cost-Push Inflation
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 12P
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Question
If a country’s population growth rises faster than its economic growth , what type of inflation will this situation cause?
a.
Economic growth
b.
Demand-Pull Inflation
c.
Stagflation
d.
Cost-Push Inflation
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