Question

Cost-push inflation occurs when?

Answer 1

Answer:

Cost-push inflation occurs when overall prices increase (inflation) due to increases in the cost of wages and raw materials.

Explanation:

Answer 2

Cost-push inflation happens when overall prices increase (inflation) due to increases in the cost of wages and raw materials.Cost-push inflation can occur when higher costs of production decrease the aggregate supply (the amount of total production)in the economy.