WAEC - Economics (2016 - No. 37)
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.
คำอธิบาย
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.