According to the simple extended AD-AS model, cost-push inflation does not last in the long run if the government leaves the economy alone.

Name: According to the simple extended AD-AS model, cost-push inflation does not last in the long run if the government leaves the economy alone.
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In the long run, the economy self-corrects as wages and prices adjust, shifting the short-run aggregate supply curve back to its original position, thus eliminating cost-push inflation without government intervention.

According to the Simple Extended AD-AS Model, Cost-Push Inflation Does