Ask Question
Social StudiesSocial Studies
14 May, 00:11

The combination of a successful wage push by workers and the government's commitment to high employment leads to supply-shock inflation. cost-push inflation. demand-pull inflation. supply-side inflation.

+4
Answers (1)
  1. 14 May, 04:03
    0
    The answer is cost-push inflation.

    Explanation:

    Cost-push inflation occurs when inflation increases proportionally to the raw materials (wages) costs. This can only occur when the demand for the products hasn't changed, and the high cost of wages is now passed to the consumers.

    Common causes of cost-push inflation include natural disasters or a change in the government's laws.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The combination of a successful wage push by workers and the government's commitment to high employment leads to supply-shock inflation. ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Nicole feels she will not forget the emotions she felt upon hearing of the attacks on America on September 11th. She remembers very vividly what she was doing, who she was with, what was said, and what emotions she experienced. Nicole has?
Answers (1)
In what way is the Constitution a flexible document? A. Congress cannot pass laws under the Constitution. B. The states have no powers of government under the Constitution. C. The states cannot cooperate with each other under the Constitution. D.
Answers (1)
How do the people of Equiano's tribe try to prevent kidnapping?
Answers (1)
David an assistant manager at a local finance company says, "I always try to consult my staff, but in the end they do what I say or else, because I am the boss." This type of power is called A. legitimate power B. expert power C. referent power D.
Answers (1)
How did leonardo da vinci impact europe during the reniassance
Answers (1)
New Questions in Social Studies
A mineral that splits along flat surface in three directions is
Answers (2)
What does Columbe threaten to do if Galileo continues to teach his new ideas?
Answers (2)
Damon experienced a death in his family from the hurricane that passed through his city recently. his stress levels are very high and he's starting to feel very tired and distracted at work.
Answers (1)
Why does organic produce spoil more quickly than conventional produce? A. It is of lower quality. B. It takes longer to grow. C. It is not treated with preservatives. D. Natural fertilizers have this effect on organically grown crops.
Answers (2)
Which of the following might be an advantage of participant observation research? A. The researcher has considerable control over the conditions of the research. B. The researcher can uncover what people do rather than simply what they say they do.
Answers (1)
Home » Social Studies » The combination of a successful wage push by workers and the government's commitment to high employment leads to supply-shock inflation. cost-push inflation. demand-pull inflation. supply-side inflation.
Sign Up Forgot Password?