Stagflation is caused by an increase in cost-push inflation. The increase in costs can be caused by an increase in wages greater than the increase in productivity. excessive government regulations on business. an increase in taxes imposed on business. All of the above.

Stagflation is caused by an increase in cost-push inflation. The increase in costs can be caused by an increase in wages greater than the increase in productivity. excessive government regulations on business. an increase in taxes imposed on business. All of the above.

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter7: Inflation

Section: Chapter Questions

Problem 2SQ

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Question

Stagflation is caused by an increase in cost-push inflation. The increase in costs can be caused by

an increase in wages greater than the increase in productivity.

excessive government regulations on business.

an increase in taxes imposed on business.

All of the above.

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