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    Macroeconomics Principles Study Set 1
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    Exam 9: Aggregate Demand and Supply
  5. Question
    During Cost-Push Inflation, Aggregate Output _____ and the Aggregate Price
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During Cost-Push Inflation, Aggregate Output _____ and the Aggregate Price

Question 78

Question 78

Multiple Choice

During cost-push inflation, aggregate output _____ and the aggregate price level _____.


A) rises; rises
B) rises; falls
C) falls; falls
D) falls; rises

Correct Answer:

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