Which of the following factors is most correct?
A)Cost-push inflation traditionally exists during periods of economic expansion when the demand for goods and services exceeds the available supply of such goods and services.
B)Speculative inflation occurs when prices are raised to cover rising production costs,such as wages
C)Demand-pull inflation is caused by the expectation that prices will continue to rise,resulting in increased buying to avoid even higher future prices
D)All of the above are correct
E)none of the above are correct

Question

Quizplus · Accepted Answer

None of the statements accurately describe the types of inflation mentioned. Cost-push inflation is due to rising production costs, speculative inflation is not a standard term, and demand-pull inflation is due to increased demand, not expectations of future price rises.

Which of the Following Factors Is Most Correct