Cost-push inflation occurs when there is ___________________. LO9.3 a. Excess inventory. b. A trade deficit. c. Rising

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Cost-push inflation occurs when there is ___________________.

LO9.3

a. Excess inventory.

b. A trade deficit.

c. Rising per-unit production costs.

d. Excess demand for goods and services.

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Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

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