Multiple Choice
What are the primary effects of cost-push inflation?
A) It raises real output and redistributes an increased level of real income.
B) It reduces real output and redistributes a decreased level of real income.
C) It raises real output but redistributes a decreased level of real income.
D) It reduces real output but redistributes an increased level of real income.
Correct Answer:
Verified
Correct Answer:
Verified
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