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Introduction to Economics 2
Introduction to Economics 2 Deneme Sınavı
Introduction to Economics 2 Deneme Sınavı Sorusu #349942
Introduction to Economics 2 Deneme Sınavı Sorusu #349942
Which of the following is defined as the situation in which prices increase while production decreases?
Cost-push inflation
|
Price stability
|
Aggregate supply curve
|
Stagflation |
Demand-pull inflation |
Yanıt Açıklaması:
With rising input prices, general price level increases (inflation) while production decreases and unemployment increases (stagnation). This process in which prices and unemployment increase at the same time is known as stagflation (inflation in stagnation).
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