Cost-Push Inflation Is Due To

question 31

Multiple Choice

Cost-push inflation is due to:

• A)labor cost increases.
• B)energy cost increases.
• C)raw material cost increases.
• D)all of these.

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Definitions:

Significant Level

In statistical hypothesis testing, the threshold of probability at which the null hypothesis is rejected, commonly set at 0.05 or 5% risk of concluding a false positive.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.

Real Differences

Actual disparities or distinctions that exist between entities, concepts, or phenomena.

Chance

The occurrence of events in the absence of any obvious intention or cause.