Cost push inflation is likely to arise when
...Cost push inflation is likely to arise when
There is an increase in banking lending
There is an increase in subsidies
Stock exchange
Rise in the cost of production
Correct answer is D
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.
In a country with large population of full-time house wives, national income ...
The middle value of an array figure arranged in descending order is referred to as the ...
Demand for inferior goods is an example of ...
The percentage contribution of the transport sector is: ...
One of the major causes of farmer's unstable income in Nigeria is _________ ...
A major disadvantage of a socialist economy is that ...
If the marginal utility of good X exceeds that of good Y, this implies that ...
Which of the following is not an item of capital expenditure? ...
Which of the following factors is not a reason for farmer's unstable incomes? ...
What fundamentally determines how much a consumer spends in a producer's shop? ...