19. Rising input prices and transportation bottlenecks may result in a(n):

Group of answer choices

Demand-pull inflation

A fiscal and monetary inflation

An export-driven inflation

Cost-push inflation

20. Some policymakers argue that the expansionary aggregate demand policies being used by the U.S. federal government will not be inflationary because:

Equilibrium GDP is now greater than potential GDP

The natural rate of unemployment is higher than current estimates

Workers and producers already expect higher inflation

Globalization has led to more competitive product markets