The statement in Martin Luther King Jr.'s "I Have a Dream Speech" is trying to point out South's racial problems. But the sad part is that it is ignored racial injustice that you can find in the North is not true. Nevertheless, the whole speech is focused more on the South's injustices that is also recognized in the South.
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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<span>Assuming that this is referring to the same list of options that was posted before with this question, the correct response would be the "</span><span>(1) ideas of John Locke," since he is referencing the "social contract" that Locke said existed between citizens and the government--a contract Jefferson believed the British had broken. </span>
Answer:
<u>True</u>
Explanation:
Together, IBRD and IDA form the World Bank, which provides financing, policy advice, and technical assistance to governments of developing countries.
