Cost-push inflation occurs when

Some current institution question and answer asked students to claim what they feel is the most important important aspect for a student to do to be able to hit success. One that response stood out from the rest was practice. Successful persons absolutely not born successful; they become successful from hard work and commitment. This is how you can complete your goals. followed below some question and answer examples that you can certainly use to further enhance your knowledge and gain insight that will help you to maintain your school studies.

Question:

Cost-push inflation occurs when

A.consumers begin purchasing more goods.
B. producers need more money to make and distribute goods.
C.the government prints more money and pushes prices up. consumers have more D. money to spend on goods and services.

Answer:

Answer:

B. Producers need more money to make and distribute goods.

Explanation:

Cost push inflation happens when the supply costs rises or when the supply amounts fall.

The above two shall cause hike in the product price since the producer shall be using extra amounts of capital in the production process due to the scars supply of raw inputs.

The above situation is known as Cost-push inflation

They could certainly hopefully guide the student answer the question by implementing the questions and answer examples. Then can easily have some sharing in a group discussion and also learning with the classmate about the topic, so another student also gain some enlightenment and still keeps up the school learning.

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