A-LevelEconomicsThe macroeconomy9708/12 · Feb/Mar 2024 · Q161 Mark

What is least likely to cause a simultaneous increase in demand-pull and cost-push inflation?

Adepreciation of currency

Bincreased import tariffs

Cdecreased spending on infrastructure

Dincreased wages

✓ Correct answer

C: decreased spending on infrastructure

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2024 Paper 1 Variant 2, question 16.

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