__________states that labor groups cause inflation. If a strong union wins a large wage contract, it forces producers to raise t

Question

3 years ago

6

__________states that labor groups cause inflation. If a strong union wins a large wage contract, it forces producers to raise t

heir prices in order to compensate for the increase in salaries they have to pay.
a.
The Federal Reserve System

b.
Cost-push theory

c.
Demand-pull theory

d.
None of the above

History

1 answer:

lesya692 [45] · Answer 1 · 2022-03-22T20:34:28+03:00

lesya692 [45]3 years ago

6 0

The cost-push theory states that labor groups cause inflation. If a strong union wins a large wage contract, lol XD I hope this helps lol