Demand-Pull Inflation Can Develop When

question 23

Multiple Choice

Demand-pull inflation can develop when

• A)There is a shortage of investment and investors bid up interest rates.
• B)Inventories shrink and consumers bid up prices.
• C)There is a surplus of resources and so wages are bid up by employers.
• D)Undesired investment occurs.

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Definitions:

Royalties

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Decentralized

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