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 Which of the following statements is false?

A. Cost-push inflation is a rise in the general price level due to higher input prices.

B. Cost-push inflation is a rise in the general price level due to the economy operating past or above potential output/income.

C. Demand-pull and cost-push inflationary pressures can initiate inflation in an economy.

D. Demand-pull and cost-push inflationary pressures can cause continued inflation in an economy as long as they continue unabated.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91710090

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