How does demand pull inflation differ from cost push inflation ?

Social Studies

2 answers:

Alexandra [31]2 years ago

7 0

Inflation is an increase in the general price level of goods and services.

Demand pull inflation can be defined as a rise or increase in the total demand for goods and services. For example: an increase in the price of gasoline would cause the price of other goods to rise because gasoline is been used to transport the goods.

On the other hand, Cost push inflation can be defined as a rise in factors of production. For example: higher taxes, higher cost of raw materials, a rise in the price of gasoline etc.

geniusboy [140]2 years ago

6 0

On the other hand the cost push inflation is one where price level increases due to the increase in the price of inputs like increase in wages and raw materials. the increase in price of inputs decreases the short run aggregate supply which increases the price level.

You might be interested in

Which factor is a major cause of the changes that occur during puberty, the years when the rate of human physical growth increas

AnnZ [28]

Answer:release of certain hormones in both girls and boys or changes in some hormone levels

Explanation:

Puberty is triggered by gonadotrophin which is responsible for activating the release of two hormones Follicle Stimulating Hormone (FSH) and Luteinizing Hormone (LH), which are released from pituitary gland.

These are hormones responsible for sexual maturity.

After these hormones have been released sex hormones will take over as puberty continues , in girls oestrogen and progesterone are released from their ovaries. In boys testosterone is produced from their testicles. This is when all changes take place , all growth and reproductive development stages.

Things like periods in girls ,erection in boys , pubic hair growth and some other growth changes.

4 0

2 years ago

Where did the opium wars occur

Masteriza [31]

Answer:In china

Explanation:

5 0

3 years ago

Read 2 more answers

_____ is a positive symptom of schizophrenia in which the individual makes up new words.

hichkok12 [17]

Neologism is indicative of a thought disorder, in this case, schizophrenia. From Greek, Neo means new, and logos means word. Neo+logos = new words.

This is categorized under Positive Symptoms, psychotic behaviors that aren't usually seen in or displayed by healthy people.

6 0

3 years ago

What is the longest river in the united states what is the importance of the missippi river

lesya692 [45]

Nakayara River falls longest river in the united states

7 0

3 years ago

John demonstrates skill in a variety of pragmatic language skills in his social skills class, including listening to a speaker,

klasskru [66]

Answer:

Has not developed an understanding of the cues to performance of these pragmatic skills.

Explanation:

In this context, Understanding cues to performance refers to humans' ability to observe the situation around us, and deliver the most appropriate technique that help us benefit from the situation.

From the excerpt, we know that John has a very good pragmatic skills in general. But this test is most likely taken under a structured situation that does not represent the actual real life. So, when John actually encountered it in his social life, he does not understand when is the proper time to actually use the skill.

8 0

3 years ago