Cost-push inflation is due to:
A) labor cost increases.
B) energy cost increases.
C) raw material cost increases.
D) all of the above.

Question

Quizplus · Accepted Answer

Cost-push inflation occurs when the cost of production increases, leading to higher prices of goods and services. This can be due to any combination of labor cost increases, energy cost increases, or raw material cost increases, hence all of the above options are correct.

Cost-Push Inflation Is Due To