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ivanzaharov [21]
3 years ago
10

Cost-push inflation occurs when?

Social Studies
2 answers:
kati45 [8]3 years ago
7 0

Answer:

Cost-push inflation occurs when overall prices increase (inflation) due to increases in the cost of wages and raw materials.

Explanation:

ryzh [129]3 years ago
5 0
Cost-push inflation happens when overall prices increase (inflation) due to increases in the cost of wages and raw materials.Cost-push inflation can occur when higher costs of production decrease the aggregate supply (the amount of total production)in the economy.
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