Question
In response to the COVID-19 pandemic, countries injected trillions of dollars into their economies to provide relief to households and firms. This response is an
In response to the COVID-19 pandemic, countries injected trillions of dollars into their economies to provide relief to households and firms. This response is an example of ... policy, which can result in ... inflation, ceteris paribus.
a.
expansionary; demand-pull
b.
expansionary; cost-push
c.
contractionary; cost-push
d.
contractionary; demand-pull
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Essentials of Econometrics
Authors: Damodar Gujarati, Dawn Porter
4th edition
73375845, 978-0071276078, 71276076, 978-0073375847
