Within an economy, both wages and prices are increasing, but wages are increasing more quickly. Which characteristics are likely to be present in this economy?
- Acost-push inflation: no / rise in real incomes: no
- Bcost-push inflation: no / rise in real incomes: yes
- Ccost-push inflation: yes / rise in real incomes: no
- Dcost-push inflation: yes / rise in real incomes: yes