According to the cost-push theory, what is responsible for inflation?
a.

Producers raise prices to meet increased costs.
b.

Demand for goods and services exceeds existing supply.
c.

Too much money is in circulation.
d.

The economy is operating as though there was a war.

Question

According to the cost-push theory, what is responsible for inflation?
a.
	
Producers raise prices to meet increased costs.
b.
	
Demand for goods and services exceeds existing supply.
c.
	
Too much money is in circulation.
d.
	
The economy is operating as though there was a war.

nurali · Answer

i think producers raise prices to meet increases cost.

nurali · Answer

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