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    Economics Study Set 11
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    Exam 38: Extending the Analysis of Aggregate Supply
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    According to the Simple Extended AD-AS Model, Demand-Pull Inflation and Cost-Push
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According to the Simple Extended AD-AS Model, Demand-Pull Inflation and Cost-Push

Question 69

Question 69

True/False

According to the simple extended AD-AS model, demand-pull inflation and cost-push inflation have the same effect on output in the long run.

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