A-LevelEconomicsThe macroeconomy9708/12 · May/June 2013 · Q261 Mark
What will be the probable effect of an increase in indirect taxes on demand-pull inflation and on cost-push inflation? [Table with columns: demand-pull inflation, cost-push inflation]
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Aincrease increase
Bincrease decrease
Cdecrease decrease
Ddecrease increase
✓ Correct answer
D: decrease increase
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