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In Business / College | 2025-07-05

Listen. What type of inflation is due to increases in the price of inputs such as raw materials and labor?
A. Consumer-driven inflation
B. Supply-demand inflation
C. Demand-pull inflation
D. Cost-push inflation

Asked by cbone14

Answer (2)

Cost-push inflation is caused by rising input costs, which leads businesses to increase their prices. Factors like higher wages and material costs contribute to this inflation type. It differs from demand-pull inflation, which is driven by increased consumer demand. ;

Answered by GinnyAnswer | 2025-07-06

The correct answer is D. Cost-push inflation, caused by increases in input prices like raw materials and labor, leads businesses to raise prices on their goods and services. This inflation type is distinct from demand-pull inflation, which is driven by higher consumer demand.
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Answered by Anonymous | 2025-07-13

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