AdmitMe
Economics · Money and inflation

EconomicsMoney and inflationWAEC

A sharp rise in the price of diesel raises the cost of running factories and pushes up prices. This is

Show answer

Answer: C. cost-push inflation

Rising costs push prices up.

An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Money and inflation questions