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Inflation initiated by increases in wages or other resource prices is labelled as:

  1. Demand-pull inflation.
  2. Demand-push inflation.
  3. Cost-push inflation.
  4. Cost-pull inflation.

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Ojasvi Goyal
Ojasvi GoyalLv4
13 Sep 2020

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Related questions

Which of the following statements is true?

a) demand-pull inflation is caused by excess total spending

b) cost-push inflation is caused by an increase in resource costs 

c) if nominal interest rates remain the same and the inflation rate falls real interest rate increases 

d) if real interest rates are negative, lenders incur losses

e) all of these answers are right

New government regulation leads to a dramatic increase in costs for firms, which scale back production as a result. Despite the ensuing recession, prices rise faster than before. This is an example of

A) Cost-push inflation

B)Demand-pull inflation

C) Deflation

 

Which of the following statements is true?

a. Demand-pull inflation is caused by excess total spending

b. Cost-push inflation is caused by an increase in resource costs.

c. If nominal interest rates remain the same and the inflation rate falls, real interest rates increase.

d. If real interest rates are negative, lenders incur losses

e. All of these answers are correct.

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