Which of the following is an example of cost-push inflation?(1 point)

Question

Responses

Rise in cost of oil leads to decrease in supply of all goods and services that use oil for an input
Rise in cost of oil leads to decrease in supply of all goods and services that use oil for an input

War causes production of military supplies to increase
War causes production of military supplies to increase

Increase in consumer incomes cause consumer demand to increase
Increase in consumer incomes cause consumer demand to increase

Prices of exports decrease

Answer 1

Rise in cost of oil leads to decrease in supply of all goods and services that use oil for an input