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:
c.it presented new keys to understanding Christianity
Explanation:
Calvin’s Institutes of the Christian Religion differ from the teachings of Luther because "it presented new keys to understanding Christianity."
This is evident in the fact that unlike Luther and most Christian doctrine at the time who believed in acquiring salvation through faith, John Calvin concluded that salvation is a matter of predestination and it's designed for some people only.
Hence, in this case, the correct answer is option C "it presented new keys to understanding Christianity."
People lost faith because so many people people were praying but yet the infection didn't stop