This type of inflation is a result of decreases in aggregate supply.
A)Hyperinflation
B)Cost-push
C)Stagflation
D)Demand-pull

Question

Quizplus · Accepted Answer

Cost-push inflation occurs when there is a decrease in aggregate supply, meaning that the cost of production has increased, causing prices to rise. This type of inflation is typically caused by factors such as increases in the price of raw materials, higher labor costs, or natural disasters that disrupt production.

This Type of Inflation Is a Result of Decreases in Aggregate