Cost-push inflation is due to: energy cost increases negative supply shocks in the economy raw material cost increases any one of the answers is correct. labor cost increases Given the following macroeconomic data:
- at DI=0,C=350
- at DI=100,C=430
This hypothetical economy's Consumption Function is mathematically expressed as: cannot be determined based on information provided
C=-350+0.8
(DI)
C=-350+0.2
(DI)
C=350+0.8
(DI)
C=350+0.2
(DI)