cost-push inflation
cost-push inflation
Glossary micro and macro economics
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Economics
Definition of cost-push inflation
cost-push inflation : when an increase in resource costs shifts the aggregate supply curve inward, resulting in an increase in the price level and unemployment also termed stagflation.
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Glossary micro and macro economics
Micro and macro economics glossary index of terms
Definition and meaning of cost-push inflation
Meaning of cost-push inflation
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