Cost-push inflation can be started by
A. a decrease in the money wage rate.
B. an increase in the money prices of raw materials.
C. an increase in the quantity of money.
D. a decrease in government expenditure on goods and services.
Answer:B
Cost-push inflation can be started by
A. a decrease in the money wage rate. B. an increase in the money prices of raw materials. C. an increase in the quantity of money. D. a decrease in government expenditure on goods and services.