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Author Question: In a period of reduced cost-push inflation but no change in real aggregate demand (Read 66 times)

fnuegbu

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on: May 25, 2020

Question 1

Which one of the following could lead to lower cost-push inflation but higher demand-pull inflation?


◦

Higher import prices


◦

Reduced child benefit and pensions


◦

An increase in saving


◦

A cut in VAT and excise duties


◦

A rise in income tax



Question 2

In a period of reduced cost-push inflation but no change in real aggregate demand
◦ the price level and the level of real GDP will fall.
◦ the price level will rise and the level of real GDP will fall.
◦ the price level and the level of real GDP will rise.
◦ the price level will fall and the level of real GDP will rise.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by fnuegbu on May 25, 2020

amcvicar

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fnuegbu

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

mcarey591

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Reply 3 on: Yesterday
Excellent

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