When a cost-push inflation starts
A. the price level falls and the money wages rises.
B. real GDP rises faster than the quantity of money.
C. the short-run aggregate supply curve shifts rightward.
D. the price level rises and real GDP decreases.
Answer:D
When a cost-push inflation starts
A. the price level falls and the money wages rises. B. real GDP rises faster than the quantity of money. C. the short-run aggregate supply curve shifts rightward. D. the price level rises and real GDP decreases.