Cost- push inflation is an inflation that results from an initial .
A) increase in taxes
B) increase in money wage rates or money prices of raw materials
C) increase in investment
D) decrease in taxes

Question

Quizplus · Accepted Answer

Cost-push inflation occurs when the cost of production increases, leading to an increase in the prices of goods and services. This can happen due to an increase in money wage rates or money prices of raw materials. Therefore, option B is the correct answer.

Cost- Push Inflation Is an Inflation That Results from an Initial