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.
The total amount of money in circulation includes cash ...
Small enterprises finds it difficult to expand due to ...
In the demographic transition theory, stage II represents a stage where ...
Development plans in Nigeria have deviated from their targets due to ...
In determining cost, economics considers ...
The most important characteristic of money is ...
The middle value of an array figure arranged in descending order is referred to as the ...