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Inflation Inflation Cost-push Inflation: As the name suggests, if there is increase in the cost of production of goods and services, there is likely to be a forceful increase in the prices of finished goods and services. For instance, a rise in the wages of laborers would raise the unit costs of production and this.
Related Essay Topics:
Cost Of Production Of GoodsDemand-Pull InflationForceful IncreaseType Of Inflation