"UK Inflation Surges to 16- Year High

Multiple Choice

"UK Inflation Surges to 16- year High"
According to the story, "High inflation in July will also lead to ... "further rises next January ..." Eco also noted that inflation may get worse because the current data did not yet include "announced rise and electricity prices."
HYPERLINK "http://www.ft.com/" www.ft.com, 8/12/200
The story reflects the concept of

A) demand- pull inflation.
B) the long- run Phillips curve.
C) cost- push inflation.
D) the short- run Phillips curve.