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Which is the correct answer? Cost-push inflation can be caused by: insufficient demand leading to falling profits for producers, therefore, producers have to raise their
Which is the correct answer?
Cost-push inflation can be caused by:
insufficient demand leading to falling profits for producers, therefore, producers have to raise their prices to continue to be profitable.
very high levels of aggregate demand in the short run.
increases in aggregate supply.
real wage increases that are higher than increases in productivity growth.
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