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    Question

    Inflation caused by an increase in the prices of inputs

    (e.g., wages, oil) is called:
    A Demand-Pull Inflation Correct Answer Incorrect Answer
    B Cost-Push Inflation Correct Answer Incorrect Answer
    C Stagflation Correct Answer Incorrect Answer
    D Hyperinflation Correct Answer Incorrect Answer
    E Deflation Correct Answer Incorrect Answer

    Solution

    This type of inflation occurs when overall prices rise (inflation) due to increases in the cost of wages and raw materials

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