Cost- Push Inflation Is the Result Of

question 8

Multiple Choice

Cost- push inflation is the result of:

• A) a one- off increase in short- run aggregate supply
• B) persistent increases in short- run aggregate supply
• C) a one- off increase in aggregate demand
• D) persistent increase in aggregate demand

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Definitions:

United States

A country located in North America, consisting of 50 states and known for its significant cultural and economic influence globally.

Basic Conclusion

A fundamental finding or decision reached after an analysis or investigation.

Constant-Cost Industry

An industry where input prices and production costs remain stable as output increases.