Cost-push inflation occurs in the presence of __________________. a. excess inventory b. a trade deficit c. rising
Question:
Cost-push inflation occurs in the presence of __________________.
a. excess inventory
b. a trade deficit
c. rising per-unit production costs
d. excess demand for goods and services
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Related Book For
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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