An increase in inflation and gdp is likely to result in:
A. Cost push inflation
B. Demand pull inflation
C. Rising input prices
D. Unemployment
Answers
Answered by
3
Answer:
Cost push inflation is the answer
Answered by
1
Explanation:
Over time, the growth in GDP causes inflation. ... This is because, in a world where inflation is increasing, people will spend more money because they know that it will be less valuable in the future. This causes further increases in GDP in the short term, bringing about further price increases
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