Cost-push inflation is a rise in the general price level

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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.

Reference no: EM131000836

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