At the Start of a Cost- Push Inflation

question 133

Multiple Choice

At the start of a cost- push inflation,

• A) the short- run aggregate supply curve shifts rightward.
• B) prices and unemployment are rising.
• C) productivity rises.
• D) real GDP increases faster than the quantity of money.

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Definitions:

P-aminobenzoic Acid

A white crystalline substance that is a part of the vitamin B complex and is used in sunscreen products.

Structure

The arrangement or organization of something's parts or elements which defines its nature or function.

Aromatic

Organic compounds that contain one or more benzene rings or similar structures, characterized by a high degree of chemical stability and unique reactions.

Π Network

A system of conjugated pi bonds in a molecule, allowing delocalized electron movement across the structure, affecting its reactivity and properties.