Difference between revisions of "Cost-push inflation"
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Latest revision as of 18:00, 1 July 2020
Cost-push inflation is inflation resulting from shocks to aggregate supply. (Cf. demand-pull inflation.)
Definition
According to Macroeconomics by Mankiw (7th edition),
- Cost-push inflation. Inflation resulting from shocks to aggregate supply. (Cf. demand-pull inflation.)
