Write a Research paper on monetary policy

Words: 140
Pages: 1
Subject: Uncategorized

Recent news articles highlight that the inflation is currently elevated due to ‘cost-push’
shocks. How does the macro economic variables respond to a cost push shock of this size?
Describe the role of monetary policy in shaping the response of the economy to a cost –
push shock? Is the current inflation only due to cost push or the high inflation is due to
strong aggregate demand instead?

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