Cost-push inflation can start with
A)an increase in oil prices.
B)an increase in government expenditure.
C)a decrease in the quantity of money.
D)a decrease in investment.
E)a decrease in government expenditure.

Question

Quizplus · Accepted Answer

Cost-push inflation occurs when the overall price level rises due to increases in the cost of wages and raw materials. An increase in oil prices is a classic example, as it raises production costs across various industries, leading to higher prices for goods and services.

Cost-Push Inflation Can Start with