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An inflation which occurs as a result of increase in production cost is known as ...
Classroom
Economics Classroom
Neco
Neco 2004
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An inflation which occurs as a result of increase in production cost is known as ____________
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Cost-push inflation
B
Creeping inflation
C
Demand-pull inflation
D
Hyper-inflation
E
Runaway inflation
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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