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Business, 10.12.2019 22:31 michellegregg10

Demand-pull inflation:
a) is also called cost-push inflation.
b) occurs when total spending exceeds the economy's ability to provide output at the existing price level.
c) occurs only when the economy has reached its absolute production capacity.
d) occurs when prices of resources rise, pushing up costs and the price level.

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Demand-pull inflation:
a) is also called cost-push inflation.
b) occurs when total spe...
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