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What is cost push inflation? - Economic Applications

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Questions

What is cost push inflation?

Define cost push inflation.

Explain cost push inflation.

One Line Answer

Solution

When prices rise due to rise in cost of production, it is called cost push inflation.

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Causes of Inflation
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Chapter 10: Inflation - QUESTIONS [Page 225]

APPEARS IN

Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 10 Inflation
QUESTIONS | Q 3. | Page 225
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 10 Inflation
QUESTIONS | Q 2. | Page 225
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 10 Inflation
QUESTION BANK | Q 8. | Page 226
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 13 Inflation
Exercise | Q 8. | Page 200
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 13 Inflation
QUESTION BANK | Q 6. | Page 201
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