Question

Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?

A New classical economists Correct Answer Incorrect Answer
B Keynesian Correct Answer Incorrect Answer
C Marxists Correct Answer Incorrect Answer
D Monetarists Correct Answer Incorrect Answer
E Classicals Correct Answer Incorrect Answer

Solution

Keynesian school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side.

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