If there is repeated monetary validation to wage- push supply shocks,

Name: If there is repeated monetary validation to wage- push supply shocks,
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Quizplus · Accepted Answer

Repeated monetary validation to wage-push supply shocks will lead to ongoing inflation. This is because as the supply shocks persist, firms have to keep increasing wages to retain workers, leading to higher costs and ultimately higher prices. The repeated monetary validation of these wage hikes only exacerbates the inflationary pressures.

If There Is Repeated Monetary Validation to Wage- Push Supply