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Inflation caused mainly by a rise in wages and raw-material prices, which increases the cost of production, is called

1946Medium DSSSB TGT Computer Science 0 replies 1 views
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Inflation caused mainly by a rise in wages and raw-material prices, which increases the cost of production, is called

  • Ademand-pull inflation
  • Bdeflation
  • Cstagflation
  • Dcost-push inflation
Correct answer: D

Explanation

Cost-push inflation arises on the supply side when higher input costs push up the price level.
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