3. Some events occur and the economy experiences a cost-push inflation. a. List the events that might

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3. Some events occur and the economy experiences a cost-push inflation.

a. List the events that might cause a cost-push inflation.

b. Describe the initial effects of a cost-push inflation.

c. Describe what happens as a cost-push inflation spiral proceeds.

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Parkin Macroeconomics

ISBN: B0070OLVAC

10th Edition

Authors: Michael Parkin

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