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True or False: Cost-push inflation is caused by a rightward shift in the short-run aggregate supply curve.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter14: Aggregate Demand And Supply

Section: Chapter Questions

Problem 10SQP

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True or False: Cost-push inflation is caused by a rightward shift in the short-run aggregate supply curve.

Definition Definition Total supply of goods and services in an economy at a certain price level in a specific time period.

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