Cost-push inflation is due to:
a. raw material cost increases.
b. energy cost increases.
c. All of the answers are correct.
d. labor cost increases.
c
Economics
You might also like to view...
When the president of the Bank of America addresses Congress regarding lending standards in that industry, he is discussing
A) a macroeconomic topic. B) a microeconomic topic. C) incentives. D) the big tradeoff.
Economics
If the economy is experiencing an inflationary gap, classical economists argue that the Federal Reserve should lower interest rates
a. True b. False Indicate whether the statement is true or false
Economics