What is Cost-push inflation? Mark all of the following that are true of Cost-Push inflation

Group of answer choices

Can be caused by people spending to much money
Happens while real output increase
Caused by a decrease in the Aggregate Supply
Happens while real output decrease
Is considered Negative growth
Caused by an increase in the Aggregate Supply
Caused by an increase in the Aggregate Demand
Caused by a decrease in Aggregate Demand
Can be caused by an increase in Resource prices like wages

Some of the reasons which are true leading to Cost-Push inflation include:

1. Can be caused by an increase in Resource prices like wages.

2. Caused by a decrease in Aggregate Demand.

3. Caused by an increase in the Aggregate Supply.

4. Happens while real output decrease  Is considered Negative growth

Explanation:

In some countries, the prices of goods and services varies due to the variation in the cost of wages and raw materials used in producing those goods.

The lower the costs, the lower the prices of goods and services. This variation led to what is called Cost-push inflation which led to increase or decrease of inflation in the country.

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