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 Consumer Price Index (CPI) is a measure of the average change overtime in the prices paid by urban consumers for a market basket of consumer goods and services
Answer:
B. The french selling the Louisiana Territory to the united states
Explanation:
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Answer:
The correct answer is C. Immigrants take jobs away from native-born Americans.
Explanation:
- One of the reasons nativists opposed immigration is because they felt that immigrants were willing to work for any wage, which would make it harder for native-born American citizens to find jobs. The nativist movement in the U.S. began in the early 1800s with clashes between nativists and immigrants turning violent by the 1830s.
