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:
The crops. Farms produced food. Plantations grew raw material for Industry, like Cotton, Tobacco, Indigo and Sugar for Rum. The Deep South Plantations were net Importers of food.
Explanation:
Because they are two totally different thing and need different things.
___ kept the Articles from being ratified for four years
Disputes over land issues
<span>The Limited Test Ban Treaty forbids nuclear testing in every area but Underground.</span>
A,B,C. If this is incorrect then my bad.
