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:
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Answer:
Italy
Explanation:
Julius Caesar was a renowned general, politician and scholar in ancient Rome who conquered the vast region of Gaul and helped initiate the end of the Roman Republic when he became dictator of the Roman Empire.
Answer: Mariucci Sports. 5818 McCann Dr. Baton Rouge
Explanation:
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Answer:
the answer is D
Explanation:
In a market economy, the market can adjust to changes over time as producers and consumers both react to market conditions and are able to buy and sell in accordance with current conditions in the marketplace.
