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History, 01.11.2020 23:40 keke2933

Which of the following best explains cost-push inflation? A. Increasing wages for workers drive up the cost of production,
forcing producers to charge more to meet their costs.
B. Rising prices for goods and services reduce spending power and
cut into consumer demand.
C. Wages drop so that workers have to spend a higher percentage of
income on the cost of necessities.
D. Consumers demand goods faster than they can be supplied,
increasing competition among buyers.

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Answers: 1

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