AdmitMe
Economics · Money and inflation

EconomicsMoney and inflationJAMB

Cost-push inflation is caused by

Show answer

Answer: D. rising costs of production such as wages and raw materials

Producers pass higher costs on as higher prices.

An AdmitMe practice question, written for the JAMB 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