Question
Cost-push inflation results from a reduction in aggregate supply that is caused by [ Select ] [workers negotiating for higher wages, either firms raising their
Cost-push inflation results from a reduction in aggregate supply that is caused by [ Select ] ["workers negotiating for higher wages", "either firms raising their prices to increase their profit margins or workers negotiating for higher wages", "firms raising their prices to increase their profit margins"]. As a result, output [ Select ] ["remains unchanged", "increases", "decreases"]as the cost to firms increase. There is [ Select ] ["full employment", "greater unemployment", "overemployment"]as demand for workers [ Select ] ["remains unchanged", "decrease", "increase"]. These higher costs of production cause prices to [ Select ] ["decrease", "increase", "remain unchanged"]
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