ICSE Class X Economics 2023 Solved Papers

© examsnet.com
Question : 46
Total: 47
What is the meaning of cost push inflation?
Solution:  
Cost push Inflation : It refers to inflationary rise in prices which arises due to incresse in costs. Cost push inflation is caused mainly due to increase in cost of wages and increase in profit margin.
© examsnet.com
Go to Question: