The answer is the 3rd one.
The demand cost-push inflation is different from cost-push inflation because the demand-pull inflation arises when the prices of goods and services increase due to increase in demand while the cost-push inflation arises when the prices of goods and services increase due to an increase in production costs.
Further Explanation:
Demand-pull Inflation: This type of inflation arises due to increase in demand increasing and goods.As the demand and prices are inversely proportional. The increased demand puts pressure on the prices which leads to an increase in prices of services and goods. The monetary measures like high-interest rates and fiscal policy that involves low government expenditure and high taxes are used to curb demand-pull inflation.
Cost-push inflation: This type of inflation arises due to an increase in the production cost of services and goods. The producer raises the price of services and goods because the cost of production can rise. They transfer the high production cost to the consumer. The cost production includes labor cost and material cost.high-interest deflationary fiscal policy and monetary policy that involves high rates and reduces consumer spending are used by the government to curb inflation.
Learn more:
1. Learn more about inflation
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2. Learn more about Cost-push rate
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3.Learn more about the inflation rate and economy
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Answer details:
Grade: Middle School
Subject: Economics
Chapter: Inflation
Keywords: Difference between demand-pull inflation and cost-push inflation
, economics.
Answer:
An example of circuit is the wires made up of conductors and other components that allow for electricity to travel on wires. An example of circuit is the path taken by a judge who officates at several courts. The region enclosed by such a line.
Explanation:
In electronics, a circuit is a closed path that allows electricity to flow from one point to another. A flashlight is an example of a basic circuit. When the switch is off, the circuit is not closed, meaning electrical current will not flow from the batteries to the flashlight's bulb.
Answer:
it shows the expression of one's meaning by using language that normally signifies the opposite, typically for humorous or emphatic effect.
