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:historian's
Explanation:
Took the test and put this as the answer and got it correct.
Passover. It lasts 7 days and matzo is unleavened bread
The famous book he wrote was mein kempf it was during the time when he was in jail he wrote about what he felt and what he wanted to do.
