Cost-push inflation:
a. occurs when the aggregate demand curve shifts rightward
b. occurs when the aggregate supply curve shifts rightward.
c. results in a decrease in the unemployment rate.
d. results in a movement along the aggregate demand curve.
e. is caused by the same factors that lead to demand-pull inflation.
d
Economics
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Suppose an the government has a current tax rate of c. Knowing the Laffer Curve is depicted below advise the president on whether the tax rate should be increased, decreased, or remain the same.
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