Utme 2017 Economics Question 12

Practice objective / multiple choice question 12 from the 2017 Utme Economics examination. This question covers Inflation .

Utme 2017 Economics Objective / Multiple Choice 2 Difficulty
Topic: Inflation
Question 12 UTME • 2017 • ECONOMICS • objective

Cost-push inflation is caused by

Answer Options

A. growth of government expenditures
B. increase in money supply
C. hoarding
Correct Answer D. increase in factor price
Correct Answer
D
Correct Option:
increase in factor price

About This Question

This is Utme 2017 Economics Question 12. It is one of the objective questions from the 2017 Utme Economics examination.

The question covers Inflation .

Difficulty level: 2 .

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