Which of the following can be a cause of inflation? (2021)

Practice Questions

1 question
Q1
Which of the following can be a cause of inflation? (2021)
  1. Increased demand for goods
  2. Decreased supply of goods
  3. Increased production costs
  4. All of the above

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following can be a cause of inflation? (2021)
Solution: All of the options listed can contribute to inflation, including increased demand, decreased supply, and increased production costs.
Steps: 0

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