Cost-Push Inflation Results Directly from A(n)

question 27

Multiple Choice

Cost-push inflation results directly from a(n) :

• A)decrease in per unit production costs that shift the short-run aggregate supply curve to the right.
• B)increase in per unit production costs that shift the short-run aggregate supply curve to the left
• C)increase in government spending.
• D)decrease in government regulation.

---

Definitions:

Bus Ticket

A document or electronic confirmation that permits a person to travel on a bus.

Comparative Advantage

is the ability of an entity to produce a good or service at a lower opportunity cost than others, leading to trade benefits.

Opportunity Cost

Overlooking potential advantages by settling on a single alternative.

Sandwiches

A food item typically consisting of two pieces of bread with meat, cheese, vegetables, or other fillings between them.