In each of the following cases, key in the type of inflation described.HINT: Structural, Demand pull, Imported, Cost push.
Description |
Type of inflation |
a) A rise in prices due to an increase in money supply. |
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b) A rise in prices due to an increase in the prices of factors of production. |
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c) A rise in prices due to buying expensive goods from foreign countries. |
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d) A rise in prices due to uneven growth in some sectors of the economy. |
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