The main sources of cost- push inflation are increases in
A)real wage rates and the cost of raw materials.
B)aggregate demand and real wage rates.
C)money wage rates and aggregate demand.
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, which are key components of production costs.

The Main Sources of Cost- Push Inflation Are Increases in