During the Vietnam War, too much money chased too few goods, the classic definition of __________.

Name: During the Vietnam War, too much money chased too few goods, the classic definition of __________.
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Demand-pull inflation occurs when there is more demand for goods than the available supply, causing prices to rise. In the case of the Vietnam War, the government was spending large amounts of money on military operations, which increased demand for resources and goods, leading to inflation.

During the Vietnam War, Too Much Money Chased Too Few