rapid structural change in the economy can lead to structural increase in both unemployment and inflation, and the pattern of demand and supply changes. This can lead to which type of inflation in the economy? a) Wage push inflation. b) Demand Shift inflation. c) Expectations inflation.
rapid structural change in the economy can lead to structural increase in both unemployment and inflation, and the pattern of demand and supply changes. This can lead to which type of inflation in the economy? a) Wage push inflation. b) Demand Shift inflation. c) Expectations inflation.
Chapter7: Inflation
Section: Chapter Questions
Problem 13SQ
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A rapid structural change in the economy can lead to structural increase in both
lead to which type of inflation in the economy?
- a) Wage push inflation.
- b) Demand Shift inflation.
- c) Expectations inflation.
- d) Demand pull inflation.
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