Which of the following best explains cost push inflation

Asked by maham237 @ 25/12/2020 in Social Studies viewed by 313 People

Answered by maham237 @ 25/12/2020

Answer:

Cost-push inflation occurs when overall prices increase (inflation) due to increases in the cost of wages and raw materials. Higher costs of production can decrease the aggregate supply (the amount of total production) in the economy. Since the demand for goods hasn't changed, the price increases from production are passed onto consumers creating cost-push inflation.

Explanation:

Which of the following best explains how airplanes stay afloat

Asked by maham237 @ 29/06/2021 in Physics viewed by 437 persons

A.Bernoulli's principle B.Archimedes' principle C.Flow rate equation D.Pascal's principle

Which of the following phrases best explains what migration is

Asked by maham237 @ 24/06/2021 in Social Studies viewed by 426 persons

A. giving others opportunities to encourage them to move B. physically forcing someone else to move C. moving to a new place for the sake of living somewhere new D. …

Which of the following best explains the cause of prejudice

Asked by admin @ 05/11/2021 in Advanced Placement (AP) viewed by 386 persons

Which of the following is the best explanation of the difference between prejudice and discrimination? A. Prejudice is an attitude, and discrimination is an behavior. B. Prejudice is a behavior, …

Which of the following phrases best explains the term bias

Asked by admin @ 02/10/2021 in English viewed by 421 persons

Which of the following phrases best explains the term bias? A an interpretation of others ideas B a point of view that tends to change C a negative perspective on …

Which of the following terms best characterizes cost benefit analysis

Asked by maham237 @ 10/07/2021 in Computers And Technology viewed by 421 persons

Which of the following best explains the origins of christianity

Asked by maham237 @ 28/05/2021 in History viewed by 283 persons

A. Christianity began with Mathew and his polytheistic belief system B. The angel Gabriel appeared to Mohammed with a message from god C. A christian preacher named Noah claimed to …

Which of the following best explains the value of on the unit circle below?

Asked by maham237 @ 23/12/2020 in Mathematics viewed by 305 persons

Which of the following best explains why the democratic party was formed in the 1820s?

Asked by maham237 @ 19/12/2020 in History viewed by 406 persons

The Democratic-Republicans split into the Democratic and Republican parties, which are both still in existence. John Quincy Adams wanted to form a political party that would push for an increase …

How does demand pull inflation differ from cost push inflation

Asked by admin @ 27/09/2021 in Business viewed by 307 persons

How does demand-pull inflation differ from cost-push inflation? Demand-pull inflation is driven by consumers, while cost-push inflation is driven by producers. Demand-pull inflation is driven by producers, while cost-push inflation …

Which of the following best explains why the biosphere is a key component of the earth’s systems?

Asked by maham237 @ 25/12/2020 in Physics viewed by 308 persons

Which of the following best explains why the biosphere is a key component of the Earth’s systems? a. The biosphere is a key component of the Earth’s systems because it …

Which of the following best explains why electrolyte solutions conduct electricity?

Asked by maham237 @ 23/12/2020 in Chemistry viewed by 376 persons

A.the presence of free-flowing electrons B.the presence of water C.the presence of free-flowing ions D.the presence of atoms

Landram corporation makes a product with the following standard costs

Asked by admin @ 29/11/2021 in Business viewed by 308 persons

Milar Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct materials 7.7 pounds $ 4 per pound Direct labor 0.1 hours …

What theory best explains the origin of our solar system

Asked by admin @ 26/11/2021 in Social Studies viewed by 325 persons

The nebular theory is the most widely accepted view of the origin of our solar system. Which of the following is a short description of the nebular theory? A) Thermonuclear …

Which of the following is an implicit cost of production

Asked by admin @ 22/11/2021 in Business viewed by 278 persons

Which of the following statements is correct? a.Opportunity costs equal explicit minus implicit costs. b.Economists consider opportunity costs to be included in a firm’s total revenues. c.Economists consider opportunity costs …

Which of the following is not an inventory costing method

Asked by admin @ 05/11/2021 in Business viewed by 270 persons

Considerations that affect the selection of an inventory costing method do not include: a. tax effects. b. balance sheet effects. c. income statement effects. d. perpetual versus periodic inventory system.