A-LevelEconomicsThe macroeconomy9708/12 · May/June 2014 · Q261 Mark

What is not a possible cause of cost-push inflation?

Aan increase in firms' profit margins

Ban increase in raw material prices

Can increase in the supply of money

Dan increase in trade union power

✓ Correct answer

C: an increase in the supply of money

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2014 Paper 1 Variant 2, question 26.

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