Cost push inflation is likely to arise when

Economics

WAEC 2016

A. there is an increase in banking lending
B. there is an increase in subsidies
C. stock exchange
D. rise in the cost of production.

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Correct Answer: Option D

Explanation

Cost push inflation is inflation caused by an increase in prices of inputs like labour, raw material, etc. The increased price of the factors of production leads to a decreased supply of these goods.

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Cost push inflation is likely to arise when

Correct Answer: Option D

Explanation

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