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    Principles of Macroeconomics Study Set 12
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    Exam 12: Policy Effects and Cost Shocks in the Asad Model
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    Other Things Equal, Cost-Push Inflation Results in Output ________ and the Price
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Other Things Equal, Cost-Push Inflation Results in Output ________ and the Price

Question 128

Question 128

Multiple Choice

Other things equal, cost-push inflation results in output ________ and the price level ________.


A) increasing; increasing
B) increasing; decreasing
C) decreasing; increasing
D) decreasing; decreasing

Correct Answer:

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