A demand-pull inflation requires persistent increases in
A) tax rates.
B) real wages.
C) the quantity of money.
D) government expenditures.

Name: A demand-pull inflation requires persistent increases in A) tax rates. B) real wages. C) the quantity of money. D) government expenditures.
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Question

Quizplus · Accepted Answer

Demand-pull inflation is primarily caused by an increase in the quantity of money in circulation, which leads to higher spending and demand, pushing prices up.

A Demand-Pull Inflation Requires Persistent Increases in