A cost shock, such as a natural disaster, shifts the aggregate supply curve to the left.
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Q172: An increase in aggregate supply causes stagflation.
Q173: An increase in future price expectations may
Q174: When analyzing the effects of _, what
Q175: If the AD curve is vertical, a
Q176: Inflation due to a decrease in aggregate
Q178: _ corresponds to lower output and _
Q179: Inflation due to an increase in aggregate
Q180: Demand-pull inflation can be the result of
A)
Q181: Demand-pull inflation and cost-push inflation both lead
Q182: Since 1970, the United States experienced stagflation
A)
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