Home » Economics » Inflation which is caused mainly increases in the prices of factors of production is described…Inflation which is caused mainly increases in the prices of factors of production is described… Inflation which is caused mainly increases in the prices of factors of production is described as? A. cost-push inflation B. demand-pull inflation C. crawling inflation D. spiral inflation Correct Answer: Option A Explanation Related Posts An economic problem arises when? According to the theory of comparative advantage specialization will result in Most firms are financed by share capital. The shares which do not carry any fixed… An example of injection into the circular flow of income is A major assumption in a perfectly competitive market is that When the federal government guarantees a loan for a state government, such a loan constitutes
