Multiple Choice
Which of the following is something that could cause cost-push inflation?
A) An epidemic increases the need for medical care, pushing up the price level.
B) A reduction in consumer spending due to consumer pessimism reduces demand.
C) A reduction in regulation causes a surge in business activity.
D) An increase in the price of oil raises the transportation and energy expenses of producers.
Correct Answer:

Verified
Correct Answer:
Verified
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