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MissTica
3 years ago
15

According to the demand-pull theory, inflation is caused by:

Business
1 answer:
Aliun [14]3 years ago
6 0

Answer:

Understanding Demand-Pull Inflation

Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand. When the aggregate demand in an economy strongly outweighs the aggregate supply, prices go up. This is the most common cause of inflation.

Explanation:

hope it helps you

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<h3>What is a political trend?</h3>

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Read more about political trend

<em>brainly.com/question/24811191</em>

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