Economy, asked by padmamaske50, 1 month ago

Which out of the following is
phenomenon that leads to Cost-Push
Inflation?​

Answers

Answered by nirali908
4

Explanation:

Cost-push inflation is when supply costs rise or supply levels fall. ... Shortages or cost increases in labor, raw materials, and capital goods create cost-push inflation. These components of supply are also part of the four factors of production. Cost-push inflation can only occur when demand is relatively inelastic.

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