Which of the Following Statements About a Cost-Push Inflation Is

Multiple Choice

Which of the following statements about a cost-push inflation is CORRECT?

A) Cost-push inflation starts when an increase in aggregate demand "pushes" costs higher.
B) Cost-push inflation might start with a rise in the price of raw materials, but it requires increases in the quantity of money to persist.
C) To persist, cost-push inflation needs a continual series of cost hikes with no change in aggregate demand.
D) The United States has never experienced a cost-push inflation.