Question: Use the aggregate demand-aggregate supply model to graphically illustrate (in two separate graphs) the difference between demand-pull and cost-push inflation. Explain your graphs in words.

Use the aggregate demand-aggregate supply model to graphically illustrate (in two separate graphs) the difference between demand-pull and cost-push inflation. Explain your graphs in words. What happens to the price and the level of output in the short-run in each case

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