Cost-push inflation might start with

Question

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Cost-push inflation is a situation where prices rise due to an increase in production costs such as wages, oil prices, or raw materials. Therefore, a rise in money wage rates would increase the cost of production and push up the prices of goods and services. Increases in government expenditures or the quantity of money might lead to demand-pull inflation, which is a different type of inflation caused by excessive demand relative to supply. A fall in the prices of raw materials would lower production costs and could lead to deflation, which is the opposite of inflation.

Cost-Push Inflation Might Start with