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If an increase of oil prices leads to the overall price of goods to rise, what type of inflation is a likely cause?

If an increase of oil prices leads to the overall price of goods to rise, what type of inflation is a likely cause?
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18 votes
if an increase of oil prices leads to the overall price of goods to rise, what type of inflation is a likely cause?

asked
User Anezio Campos
by
8.1k points

1 Answer

10 votes

Answer:

cost-push inflation

Step-by-step explanation:

answered
User Josshad
by
8.3k points
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