Economics · Inflation
Cost-push inflation in India may arise due to which of the following reasons?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Decrease in global commodity prices
- 2Reduction in money supply
- 3Increase in wages, fuel, and raw material costs✓
- 4Excessive demand in the market
Correct answer
Increase in wages, fuel, and raw material costs
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