At the start of a cost-push inflation,
A. productivity rises.
B. real GDP increases faster than the quantity of money.
C. the short-run aggregate supply curve shifts rightward.
D. prices and unemployment are rising.
Answer:D
At the start of a cost-push inflation,
A. productivity rises. B. real GDP increases faster than the quantity of money. C. the short-run aggregate supply curve shifts rightward. D. prices and unemployment are rising.