____ inflation can be explained by a ____ shift in the aggregate ____ curve.
A) Demand-pull, leftward, demand
B) Cost-push, rightward, supply
C) Demand-pull, leftward, supply,
D) Cost-push, rightward, supply.

Question

Quizplus · Accepted Answer

Cost-push inflation is caused by a rightward shift in the aggregate supply curve, as input costs such as wages and materials increase, leading to higher prices for goods and services.

____ Inflation Can Be Explained by a ____ Shift in the Aggregate

Inflation Can Be Explained by a Shift in the Aggregate