Asked by Coco
An increase in the costs of inputs, such as wages, leads to Blank______.
Multiple choice question.
cost-push inflation
demand-pull inflation
an increase in real output
a decrease in equilibrium price level
Multiple choice question.
cost-push inflation
demand-pull inflation
an increase in real output
a decrease in equilibrium price level
Answers
Answered by
GPT-4o mini
An increase in the costs of inputs, such as wages, leads to **cost-push inflation**.
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