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Marina CMI [18]
3 years ago
10

What type of inflation states that labor groups cause inflation

Social Studies
1 answer:
bixtya [17]3 years ago
8 0

Answer:

There are three main types of inflation: demand-pull, cost-push, and built-in inflation. Demand-pull inflation occurs when the overall demand for goods or services increases faster than the production capacity of the economy. Cost-push inflation happens as a result of an increase in the cost of production.

Explanation:

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Hope this helps you ☺️

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