Cost-push inflation occurs
Cost-push inflation occurs because
A. production costs have risen
B. a demand shock has occurred
C. the AS curve has shifted rightward
D. unemployment is greater than the natural rate
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joe notices that prices have gone up for the custom bikes he sells - but fails to notice that the price of everything
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cost-push inflation occurs becausea production costs have risenb a demand shock has occurredc the as curve has shifted
consider an economy that has the typical sacrifice ratio we discussed in the power points if inflation is currently 6
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automatic stabilizersa include tax rates and transfer paymentsb require active policy to workc have significant inside
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