Dfference between cost-push and demand-pull inflation
Question:
What is the difference between cost-push and demand-pull inflation? Which was the primary cause of inflation in the early 1970's? What type of inflation has the Federal Reserve been trying to prevent in 1998 and 1999?
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(a) what would a negative real interest rate mean? (b) what could explain such an unusual development?
Question: Define inflation and discuss how economists track the general level of prices.
What is the difference between cost-push and demand-pull inflation? Which was the primary cause of inflation in the early 1970's?
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Distinguish between short-run and long-run and consider the role of expectations and credibility and the natural rate of unemployment.
In 2014, Micron's accountant omitted the annual adjustment for patent amortization expense of $120,000. The error was not discovered until December 2016.
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