Cost-push inflation might initially result from
A) an increase in government expenditure.
B) an increase in the cost of resources.
C) the use of new technology.
D) an increase in the quantity of money.

Question

Quizplus · Accepted Answer

Cost-push inflation is caused by an increase in the cost of production, such as an increase in the cost of resources. A, C, and D are all associated with demand-pull inflation, which is caused by an increase in aggregate demand.

Cost-Push Inflation Might Initially Result from