The main sources of cost- push inflation are increases in
A) real wage rates and the cost of raw materials.
B) money wage rates and aggregate demand.
C) aggregate demand and real wage rates.
D) money wage rates and the cost of raw materials.

Question

Quizplus · Accepted Answer

Cost-push inflation occurs when the overall price levels rise due to increases in the cost of wages and raw materials.

The Main Sources of Cost- Push Inflation Are Increases in