___________ inflation is caused by an increase in the cost of production, leading to higher prices for goods and services. This type of inflation can stem from various factors such as increases in labor costs, raw materials prices, or taxes. For example, if the price of oil rises significantly, it can lead to higher transportation and manufacturing costs, which in turn cause an increase in the prices of a wide range of goods and services. A) Demand-pull B) Cost-push C) Built-in D) Stagflation
Question 2:
___________ inflation is caused by an increase in the cost of production, leading to higher prices for goods and services. This type of inflation can stem from various factors such as increases in labor costs, raw materials prices, or taxes. For example, if the
A)
B) Cost-push
C) Built-in
D) Stagflation
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