Inflation caused by a rise in the prices of inputs is referred to as
A)cost-push inflation.
B)demand-pull inflation.
C)unanticipated inflation.
D)hyperinflation.

Name: Inflation caused by a rise in the prices of inputs is referred to as A)cost-push inflation. B)demand-pull inflation. C)unanticipated inflation. D)hyperinflation.
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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.

Inflation Caused by a Rise in the Prices of Inputs