89 - 89 Cost-push inflation is typically caused by...

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89. Cost-push inflation is typically caused by an (Points : 1) inward shift of the demand curve outward shift of the supply curve inward shift of the supply curve inward shift of the aggregate supply and demand curves 90. Unanticipated inflation is usually viewed as undesirable because it (Points : 1) reduces everyone's nominal wages redistributes income and wealth is accompanied by reductions in real GDP usually results in the public sector growing less rapidly than the private sector 91. When workers are over-qualified for their current jobs or can find only part-time work, we say they are (Points : 1) discouraged workers not in the labor force overemployed underemployed 92. A continuing resolution (Points : 1) shuts down government agencies in the absence of an approved budget allows agencies to spend at the rate of the previous year in the absence of an approved budget enables Congress to override the President's budget contributes to the efficiency of the federal budget process 93. One explanation for persistent federal budget deficits is that officials are not required to
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This note was uploaded on 09/14/2011 for the course STAT 101 taught by Professor Jones during the Spring '11 term at University of Phoenix.

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89 - 89 Cost-push inflation is typically caused by...

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