CS001 - Computer Proficiency License
Question(s) similar to the following:
Discuss the impact of inflation shock on output and inflation.
Question 1: Discuss the impact of inflation shock on output and inflation.
Answer: Suggest Edit
Inflation shock is a change in the cost of producing output which causes the the short run aggregate supply curve to shift.
It can be the result of change in the cost of raw materials or change in price of energy.
A positive inflation shock causes the short run aggregate supply curve to shift upward, and cause the inflation to rise
Similar Questions:
Question 2: Discuss the impact of inflation shock on output and inflation.
Answer: Suggest Edit
Inflation shock is a change in the cost of producing output which causes the the short run aggregate supply curve to shift.
It can be the result of change in the cost of raw materials or change in price of energy.
A positive inflation shock causes the short run aggregate supply curve to shift upward, and cause the inflation to rise
Past Papers of CS001 - Computer Proficiency License
Question 1: Discuss the impact of inflation shock on output and inflation.
Answer: Suggest Edit
Inflation shock is a change in the cost of producing output which causes the the short run aggregate supply curve to shift.
It can be the result of change in the cost of raw materials or change in price of energy.
A positive inflation shock causes the short run aggregate supply curve to shift upward, and cause the inflation to rise
Similar Questions:
Question 2: Discuss the impact of inflation shock on output and inflation.
Answer: Suggest Edit
Inflation shock is a change in the cost of producing output which causes the the short run aggregate supply curve to shift.
It can be the result of change in the cost of raw materials or change in price of energy.
A positive inflation shock causes the short run aggregate supply curve to shift upward, and cause the inflation to rise
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