Cost-push inflation requires an accompanying increase in the quantity of money.

Name: Cost-push inflation requires an accompanying increase in the quantity of money.
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Question

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Cost-push inflation occurs when there is an increase in the cost of production, such as due to higher wages or raw material prices. This can lead to an increase in the prices of goods and services, but it does not necessarily require an accompanying increase in the quantity of money.

Cost-Push Inflation Requires an Accompanying Increase in the Quantity of Money