Cost - push inflation occurs when_______

Assessment: JAMB UTME - Economics - 2017 Subject: Economics

Question 1 Report

Cost - push inflation occurs when_______
Answer Details
Cost push inflation occurs when increase in cost of production are passed on to consumers in the form of high price for the goods and services on sale. The price of goods are pushed up by rising costs.
Read lesson note on Theory Of Costs (JAMB)
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