jesus870263 jesus870263
  • 20-01-2020
  • History
contestada

Demand pull inflation when the demand for goods

Respuesta :

Officialalehpeter
Officialalehpeter Officialalehpeter
  • 20-01-2020

Answer:

Demand-pull inflation exists when aggregate demand for a good or service outweigh aggregate supply. It starts with an increase in total consumer demand. Sellers meet such an increase with more supply. But when additional supply is unavailable, sellers raise their prices. That results in demand-pull inflation.

This is commonly described as "too much money chasing too few goods."

Answer Link

Otras preguntas

A square on a large calendar has an area of 4220 square millimeters between which two integers is the length of one side of the square
How many people were killed in the Blitz?
Which layer is a solid made mostly of nickel and iron? a. crust b. astenosphere c. inner core d. none of the above
what type of limiting factor is pollution?
A rectangular wooden block of weight W floats with exactly one-half of its volume below the waterline.? Part a. What is the buoyant force acting on the block?
what Karl Kraus meant by the thought? "You'd be surprised how hard it is to translate an action into thought"
what do we call the bombing of British cities during World War Two?
Which sentence needs quotation marks added to be correct? A. Melinda asked me this morning if I had ever been to Europe. B. When Mrs. Connors told
plz help ............. I have a test on this tomorrow
What carries blood away from the heart?