Multiple Choice
-Refer to the above diagram.Cost-push inflation can be illustrated by a:
A) shift in the aggregate supply curve from AS1 to AS2.
B) shift in the aggregate supply curve from AS1 to AS3.
C) shift in the aggregate supply curve from AS2 to AS3.
D) movement along the aggregate demand curve from e1 to e3.
Correct Answer:

Verified
Correct Answer:
Verified
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