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      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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