Cost-push inflation
In the below table give an example of a factor that could cause costpush inflation, if all other factors are held constant (ceteris paribus).
1. Cost of
production
2. Nominal wages
3. Cost of
imported goods
4. Taxes
Minimum wage increases
Write a short sentence below describing the basic idea of cost-push
inflation:
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Demand-pull inflation
In the below table give an example of a factor that could cause
demand-pull inflation, if all other factors are held constant (ceteris
paribus).
1. Consumption
2. Investment
3. Government
spending
4. Net exports
People increase their buying of goods and services.
Write a short sentence below describing the basic idea of demandpull inflation:
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