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Author Question: Demand-pull inflation and cost-push inflation both lead to a higher price level and lower output. (Read 170 times)

erika

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Question 1

An increase in future price expectations may act like a cost shock, shifting the aggregate supply curve to the left.


◦ true
◦ false

Question 2

Demand-pull inflation and cost-push inflation both lead to a higher price level and lower output.


◦ true
◦ false


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Marked as best answer by erika on Apr 19, 2019

hanadaa

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hanadaa

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