Economics · Inflation
What is meant by Income Inflation (Wage-Push Inflation)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Price rise occurring after full employment in the economy✓
- 2Increase in monetary income in the economy
- 3Price increase in some sectors of the economy
- 4Aggregate demand exceeds aggregate supply
Correct answer
Price rise occurring after full employment in the economy
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