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What is cost push inflation caused by 2024?
inflation
Questioner:Oliver Gonzalez 2023-05-07 11:15:15
The most authoritative answer in 2024
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Julian Carter——Works at the European Space Agency, Lives in Paris, France.
Definition of '
Cost Push Inflation' Definition:
Cost push inflation is
inflation caused by an increase in prices of inputs like labour, raw material, etc. The increased price of the factors of production leads to a decreased supply of these goods.
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