Question

Among the following which statement best defines the cost push inflation?
a) Price rising due to an excessive growth in aggregate spending
b) Price rising due to an increase in the price of a firm's inputs
c) Prices rising due to an over rapid growth in the money supply
d) Prices falling over a period of time.
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Answer 1

Answer:

d) is coorect option

Explanation:

There are four main drivers behind inflation. Among them are cost-push inflation, or the decrease in the aggregate supply of goods and services stemming from an increase in the cost of production, and demand-pull inflation, or the increase in aggregate demand, categorized by the four sections of the macroeconomy. The two other contributing factors to inflation include an increase in the money supply of an economy and a decrease in the demand for money.

Answer 2

Answer:

(d) is Correct Answer...