Economics · Inflation

Inflation caused by an increase in the prices of inputs like raw materials and wages is known as:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Structural inflation
2Hyperinflation
3Demand-pull inflation
4Cost-push inflation✓

Correct answer

Cost-push inflation

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Inflation caused by an increase in the prices of inputs like raw materials and wages is known as:

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Inflation caused by an increase in the prices of inputs like raw materials and wages is known as:

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