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    Macroeconomics Study Set 68
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    Exam 18: Extending the Analysis of Aggregate Supply
  5. Question
    Differentiate Between "Demand-Pull" and "Cost-Push" Inflation in the Extended Aggregate
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Differentiate Between "Demand-Pull" and "Cost-Push" Inflation in the Extended Aggregate

Question 145

Question 145

Essay

Differentiate between "demand-pull" and "cost-push" inflation in the extended aggregate demand
and aggregate supply model.

Correct Answer:

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Demand-pull inflation occurs when an incr...

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