Cost-push inflation occurs in the presence of __________________. a. excess inventory b. a trade deficit c. rising

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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  answer-question

Macroeconomics

ISBN: 9781264112456

22nd Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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