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What is the cause of cost push inflation 2024?
通胀
成本 价格上涨
Questioner:Isabella Taylor 2023-05-07 11:15:27
The most authoritative answer in 2024
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Zoe Reyes——Studied at the University of Barcelona, Lives in Barcelona, Spain.
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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