What is Cost-push inflation? Mark all of the following that are true of Cost-Push inflation 4 correct Happens while real output increase Caused by an increase in the Aggregate Supply Caused by a decrease in the Aggregate Supply Caused by an increase in the Aggregate Demand O Caused by a decrease in Aggregate Demand Can be caused by an increase in Resource prices like wages O Happens while real output decrease Is considered Negative growth Can be caused by people spending to much money
What is Cost-push inflation? Mark all of the following that are true of Cost-Push inflation 4 correct Happens while real output increase Caused by an increase in the Aggregate Supply Caused by a decrease in the Aggregate Supply Caused by an increase in the Aggregate Demand O Caused by a decrease in Aggregate Demand Can be caused by an increase in Resource prices like wages O Happens while real output decrease Is considered Negative growth Can be caused by people spending to much money
Chapter1: Making Economics Decisions
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Transcribed Image Text:What is Cost-push inflation?
Mark all of the following that are true of Cost-Push inflation
4 correct
Happens while real output increase
O Caused by an increase in the Aggregate Supply
Caused by a decrease in the Aggregate Supply
Caused by an increase in the Aggregate Demand
O Caused by a decrease in Aggregate Demand
Can be caused by an increase in Resource prices like wages
O Happens while real output decrease
is considered Negative growth
Can be caused by people spending to much money
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