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

Select the correct answer. Is this a SENTENCE? Come to our house. A. Yes B. No
Pls answer these questions will mark brainiest
CAN SOMEONE HELP ME WITH THIS I WILL GIVE BRAINLIEST TO THE CORRECT ANSWER PLEASE ANSWER 45 AND 60
Is 0.72 a rational number?
The ______ period of development involves adjusting to post work identity and the challenges of changing health.
describe the hunting skill of Keesh​
30pts what type of energy is feeling the air around you?
Practic 16 Muchas excusas Hablar Está sonando el teléfono y ustedes no quieren contestarlo. ¿Qué están haciendo? (Tell why you can't answer the phone.) B No qui
What is an accurate characteristic of Romanticism?
Pls Help this is Due tomorrow Why is English the official language of Belize? A. The Maya Lived There B. The Aztec Conquered the Spanish thereC. The British Cl