Question: Which of the following is a correct statement? Multiple Choice It is relatively easy to distinguish between cost-push and demand-pull inflation even if you don't
Which of the following is a correct statement? Multiple Choice It is relatively easy to distinguish between cost-push and demand-pull inflation even if you don't know the source of the inflation. A supply shock will cause a variation of demand-pull inflation that can lead to hyperinflation. Demand-pull inflation is usually accompanied by higher unemployment rates. Demand-pull inflation will continue so long as there is excess total spending in the economy
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