The 1973 oil price shock was an example of cost-push inflation.
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Q44: Demand-pull inflation scenarios took place in the
A)
Q45: If the U.S. aggregate price level rises
A)
Q46: What would cause the price level to
Q47: When the price of a given product
Q48: Rising confidence in the economy shifts the
Q50: A change in _ will cause a
Q51: Which of these would cause cost-push inflation?
A)
Q52: Technological advancements increase aggregate supply.
Q53: If the marginal propensity to save is
Q54: If income increases across Europe, what will
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