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Cost-push inflation
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==Cause== As businesses face higher prices for underlying inputs, they are forced to increase prices of their outputs. It is contrasted with the theory of [[demand-pull inflation]]. Both accounts of inflation have at various times been put forward, with inconclusive evidence as to which explanation is superior.<ref name="Samuelson">{{cite journal |last1=Samuelson |first1=Paul A. |last2=Solow |first2=Robert M. |title=Analytical Aspects of Anti-Inflation Policy |journal=The American Economic Review |date=1960 |volume=50 |issue=2 |pages=177β194 |jstor=1815021 |url=https://www.jstor.org/stable/1815021 |access-date=16 June 2022 |issn=0002-8282}}</ref> Cost-push inflation can also result from a rise in expected inflation, which in turn the workers will demand higher wages, thus causing inflation.<ref>{{Cite web |title=Macroeconomics: Policy and Practice |url=https://www.pearson.com/en-us/subject-catalog/p/macroeconomics-policy-and-practice/P200000005991/9780133424386 |access-date=2023-12-30 |website=www.pearson.com}}</ref>
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