Ask Question
17 June, 03:19

Demand-pull inflation occurs when the price of goods rises suddenly and extremely fast. consumers begin purchasing more goods. producers need more money to make and distribute goods. the government prints more money and pushes prices up.

+5
Answers (1)
  1. 17 June, 04:58
    0
    Demand-pull inflation occurs when consumers begin purchasing more goods. Demand for goods and services are going up. It is when the demand outpaces the economy's ability to provide goods & services. Prices increase because of an increase in aggregate spending not fully matched by an increase in aggregate production.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Demand-pull inflation occurs when the price of goods rises suddenly and extremely fast. consumers begin purchasing more goods. producers ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers