Cost-push inflation would be the result of a(n)
A) increase in resource prices
B) decrease in business taxes
C) increase in consumer spending
D) increase in labor productivity

Question

Quizplus · Accepted Answer

Cost-push inflation occurs when the prices of production inputs (resources) increase, leading to higher costs for products and services, which in turn raises the overall price level in the economy.

Cost-Push Inflation Would Be the Result of A(n)