Question
Outline four causes of cost-push inflation.
Answer
(i) Rise in wages and salaries.
(ii) Increase in profit margin.
(iii) Increase in indirect taxes.
(iv) Increase in cost of inputs other than labour.
(v) Reduction in subsidies.
(ii) Increase in profit margin.
(iii) Increase in indirect taxes.
(iv) Increase in cost of inputs other than labour.
(v) Reduction in subsidies.
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