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NARA [144]
3 years ago
5

What scenario is an example of cost-push inflation?

History
2 answers:
Andreyy893 years ago
4 0

The typical scenario is an economy in which the cost of raw materials and that of wages pushes up the price levels, thus producing inflation.

-BARSIC- [3]3 years ago
3 0

Answer:  The correct answer is : Increasing the salary of workers also increases the cost of car production and as a consequence also increases the price of cars, which produces inflation.

Cost inflation occurs when supply costs increase and prices rise as long as demand remains the same.

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