Demand-pull inﬂation and cost-push inﬂation have similar effects on real output in the short run.

Name: Demand-pull inﬂation and cost-push inﬂation have similar effects on real output in the short run.
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Question

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Demand-pull inflation typically leads to an increase in real output in the short run due to higher demand, while cost-push inflation can reduce real output as higher production costs make it more expensive to produce goods and services.

Demand-Pull Inﬂation and Cost-Push Inﬂation Have Similar Effects on Real