Demand-Pull Inflation

question 65

Multiple Choice

Demand-pull inflation

• A)occurs when prices of resources rise, pushing up costs and the price level.
• 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)is also called cost-push inflation.

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Definitions:

Cultural Identity

The feeling of belonging to a group, community, or culture, influenced by shared traditions, beliefs, and experiences.

Bilingualism

The ability of an individual to use and understand two languages proficiently.

Dual Language Learning

The process of learning two languages simultaneously or sequentially, often in the context of education.

Mainstreaming

The practice of integrating children with special educational needs into regular educational classrooms, allowing them to learn alongside their peers.