A persistence rise in the prices of inputs will lead to

A persistence rise in the prices of inputs will lead to

  1. hyperinflation
  2. stagflation
  3. cost push inflation ✓
  4. demand pull inflation

Explanation

This answer correctly explains the economic concept. Economics studies how people make choices about limited resources.

The other options describe different economic ideas or situations. They don’t fit what this question asks.

Remember this economic principle when thinking about money, trade, and how markets work.