The partnership formed between Germany, Austria-Hungary, and Italy was called the Triple Alliance.
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What is that suppose to mean?-
The Hellenistic Age came to an end around the time when the Roman Empire began to emerge, but historians differ on the more precise timeframe since there were many different factors involved.
When people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.
<h3>What is demand-pull inflation?</h3>
Demand-pull inflation is a monetary phenomenon where demand exceeds supply and increases prices.
- When the prices of raw materials/labor increase, it leads to an increase in the costs of production and results in higher prices for the consumers.
In conclusion, when people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.
Learn more about demand-pull inflation here:
brainly.com/question/22872023
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