When there is a cost-push inflation,
A. workers demand higher money wages because of the inflation.
B. the short-run aggregate supply curve shifts rightward.
C. the aggregate demand curve shifts leftward because of the cost hikes.
D. None of the above answers is correct.
Answer:A
When there is a cost-push inflation,
A. workers demand higher money wages because of the inflation. B. the short-run aggregate supply curve shifts rightward. C. the aggregate demand curve shifts leftward because of the cost hikes. D. None of the above answers is correct.