Cost-push inflation is inflation that arises from an unexpected:
A)rise in production costs.
B)fall in production costs.
C)fall in demand.
D)rise in unemployment.

Question

Quizplus · Accepted Answer

Cost-push inflation occurs when the cost of producing goods and services increases, such as due to a rise in the price of raw materials, wages, or taxes. This increase in production costs leads to a decrease in supply, which results in higher prices for consumers.

Cost-Push Inflation Is Inflation That Arises from an Unexpected