Demand-Pull Inflation

question 218

Multiple Choice

Demand-pull inflation

• A)occurs when total spending in the economy is excessive.
• B)is measured differently than cost-push inflation.
• C)can be present even during an economic depression.
• D)is also called "hyperinflation."

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Definitions:

Profit

The financial gain achieved when the revenues generated from business activities exceed the expenses, costs, and taxes.

Business Objectives

The specific and measurable goals an organization aims to achieve in order to ensure growth and success.

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