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Simple English definitions for legal terms

cost-push inflation

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A quick definition of cost-push inflation:

Cost-push inflation is a type of inflation that happens when the cost of producing goods and services goes up. This can be caused by things like higher wages for workers, higher prices for raw materials, or higher taxes. When the cost of producing things goes up, businesses may raise their prices to make up for the extra expenses. This can lead to a general increase in prices across the economy, which means that the value of money goes down.

A more thorough explanation:

Cost-push inflation is a type of inflation that occurs when the cost of producing goods and services increases, leading to a rise in prices. This is different from demand-pull inflation, which occurs when there is too much demand for goods and services, leading to a rise in prices.

One example of cost-push inflation is when the cost of raw materials, such as oil or steel, increases. This can cause the cost of producing goods that use these materials, such as cars or buildings, to increase. As a result, the prices of these goods may also increase.

Another example is when there is a shortage of skilled workers, causing wages to increase. This can lead to higher production costs for businesses, which may then pass on these costs to consumers in the form of higher prices.

These examples illustrate how cost-push inflation can occur when there are increases in production costs, such as raw materials or labor, which then lead to higher prices for goods and services.

cost-plus contract | costs de incremento

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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