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Which of the Following Is True of Cost-Push Inflation

Question 99

Multiple Choice

Which of the following is true of cost-push inflation?


A) Cost-push inflation is associated with an economic expansion.
B) Cost-push inflation is rarely experienced in developed economies.
C) Cost-push inflation is caused by a decrease in aggregate supply.
D) Cost-push inflation is identical to demand-pull inflation.
E) Cost-push inflation is the result of increased consumer spending.

Correct Answer:

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