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ArbitrLikvidat [17]
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]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
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