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Economics · Oct / Nov 2017 · Paper 12 · Question 23

2281Inflation

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

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

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Correct answer: A. an increase in advertising expenses for mobile phones

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