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O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2017 · Q231 Mark

What would be a cause of cost-push inflationary pressure in an industry which supplies mobile (cell) phones?

Aan increase in advertising expenses for mobile phones
Ban increase in export duties on mobile phones
Can increase in income taxes on wages of employees
Dan increase in world demand for mobile phones

✓ Correct answer

A: an increase in advertising expenses for mobile phones

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2017 Paper 1 Variant 2, question 23.

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