1.“Since increases in government spending raise the aggregate demand curve in Keynesian analysis, fiscal policy by itself can be the source of inflation.” Is this statement true, false, or uncertain?...

1.“Since increases in government spending raise the aggregate demand curve in Keynesian analysis, fiscal policy by itself can be the source of inflation.” Is this statement true, false, or uncertain? Explain your answer.

2. “A cost-push inflation occurs as a result of workers’ attempts to push up their wages. Therefore, inflation does not have to be a monetary phenomenon.” Is this statement true, false, or uncertain? Explain your answer.