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:
brainly.com/question/22872023
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Theodore Roosevelt
William Howard Taft
and Woodrow Wilson
Hope this helps. :)
1. Along the coasts of the Roman Empire.
They suck cack.. So much cack that they can't breate.. If this answer was helpful then please add a new one for the sake of my grade...
The growth of American cities during the late 19th and early 20th centuries led progressive reformers to push for "improved public services" although many pushed for women's rights as well.
