As far as cost-push inflation goes, the United States

Name: As far as cost-push inflation goes, the United States
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Question

Quizplus · Accepted Answer

The United States experienced cost-push inflation in the 1970s due to a combination of factors, including rising oil prices and increasing labor costs. It is not accurate to say that the US has only experienced this type of inflation, as other types such as demand-pull inflation have also been observed.

As Far as Cost-Push Inflation Goes, the United States