Question

one of the reasons for the growing inflation rate in argentina is due to increases in production costs of goods and services which occurred as a result of a decline in a suitable labor force. this would be an example of a ____ inflation. options: cost - push, demand - push, supply - side, cost - pull, demand - pull

Explanation:

Cost - push inflation occurs when production costs (like labor costs here, as a decline in suitable labor force can increase production costs) rise, leading to higher prices of goods and services. The situation in Argentina involves increased production costs due to labor force issues, so it's cost - push inflation.

Answer:

A. cost - push