Demand-pull inflation is inflation resulting from:
A)a surplus.
B)excess supply.
C)excess demand.
D)insufficient demand.

Name: Demand-pull inflation is inflation resulting from: A)a surplus. B)excess supply. C)excess demand. D)insufficient demand.
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

Demand-pull inflation occurs when there is too much money chasing too few goods, causing an excess demand for goods and services. This often leads to an increase in prices as businesses try to keep up with the high demand.

Demand-Pull Inflation Is Inflation Resulting From