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DiKsa [7]
3 years ago
10

What is the difference in demand-pull inflation and cost-push inflation?

Social Studies
2 answers:
otez555 [7]3 years ago
8 0

Answer:

Explanation:

Demand-pull inflation results when prices rise because aggregate demand in an economy is greater than aggregate supply. ... Cost-push inflation is a result of increased production costs, such as wages and raw materials and decreased aggregate supply.

katrin2010 [14]3 years ago
4 0

Answer and explanation:

As we know, inflation refers to a continuous and generalized increase in prices while the purchasing value of money falls.

According to the cause, inflation can be categorized as demand-pull or cost-push.

Demand-pull inflation takes place when the demand for a product is superior to its supply. In this case, the purchasing power of the population goes up, but the capacity to provide people with the product or service they want does not keep up. Because more people want the same product, its price increases.

Cost-push inflation, on the other hand, happens when the price of raw materials goes. That increase is relayed to consumers. Suppose a natural disaster causes the production of tomatoes to fall to half its normal amount. The ketchup factories still need to buy tomatoes, but now they cost more for there are fewer available. Because the tomatoes cost more, the ketchup has to cost more as well so the factories can still profit with the sales. The consumer ends up suffering the consequences of the increased price of raw materials.

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3 years ago
How did technology at the crystal palace assist in the specialization production of goods?
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Wealthy townspeople who made up the middle class did not like owing taxes or serving in the noble’s army, so they forced nobles to grant them basic rights. Two examples are: y, so they forced nobles to grant them basic rights. Two examples are:

Wealthy townspeople who made up the middle class did not like owing taxes or serving in the noble’s army, so they forced nobles to grant them basic rights. Two examples are:

Explanation:

Wealthy townspeople who made up the middle class did not like owing taxes or serving in the noble’s army, so they forced nobles to grant them basic rights. Two examples are:

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7 0
4 years ago
After receiving numerous complaints from residents about loud, highly amplified music played at local clubs, Middletown is consi
omeli [17]

Answer:

D. Most music groups are made of 3 or more persons

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8 0
3 years ago
8. Neoisolationists believe that the United States should
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5 0
3 years ago
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oee [108]

Answer:

Bias from affiliation

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A party wants it politicians to benefit it, and whatever will satisfy the public is all that matters; other politicians and others that are worked with may not support the person attempting to address climate change due to their need to bring power to their party. Other nations are also difficult to challenge due to moral beliefs. Climate change is likely greatly caused by the industries of Developing Countries, and their wants to progress, this creates a dilemma, every modernized and 'well-off' nation has done this and had this affect on the Earth at some point.

3 0
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