jeniferortiz88
jeniferortiz88 jeniferortiz88
  • 22-04-2020
  • Social Studies
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a leftward shift of the short run aggregate supply curve will illustrate

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masad
masad masad
  • 22-04-2020

Answer:

The immediate-short-run aggregate supply curve is constructed assuming both input and output prices are fixed. A leftward shift of the short-run aggregate supply curve would illustrate: Cost-push inflation is caused by an increase in production costs, such as that caused by an increase in energy prices.

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