The main sources of cost-push inflation are increases in
A) money wage rates and the cost of raw materials.
B) real wage rates and the cost of raw materials.
C) money wage rates and aggregate demand.
D) aggregate demand and real wage rates.

Question

Quizplus · Accepted Answer

Cost-push inflation is primarily caused by increases in the cost of production inputs, such as money wage rates and the cost of raw materials. These increases raise the overall cost of goods and services, leading to inflation.

The Main Sources of Cost-Push Inflation Are Increases in