Cost-push inflation can be described as a rightward shift of the aggregate supply curve.
a. True
b. False

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12-06-2018
Business

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Cost-push inflation can be described as a rightward shift of the aggregate supply curve.
a. True
b. False

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prasanna2 prasanna2 · Answer 1 · 2018-06-13T03:55:53+02:00

prasanna2 prasanna2

13-06-2018

Cost push inflation is caused due increase in cost of factor of production which leads to decrease in aggregate supply.
thus aggregate supply tend to shift leftward.
thus it is false

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Cost-push inflation can be described as a rightward shift of the aggregate supply curve. a. True b. False

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Otras preguntas

Cost-push inflation can be described as a rightward shift of the aggregate supply curve.
a. True
b. False