Home » Classroom » WAEC Economics 2013 Question

General rise in the price level induced by incr... - WAEC Economics 2013 Question

General rise in the price level induced by increased price of inputs is referred to as
A
run-away inflation
B
cost -push inflation
C
demand -pull inflation
D
imported inflation
correct option: b
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses