Demand-Pull Inflation Occurs When The

question 115

Multiple Choice

Demand-pull inflation occurs when the:

• A) price of a key input increases suddenly.
• B) price level changes in response to changes in the business cycle.
• C) price of food or energy increases suddenly.
• D) business cycle becomes sporadic and unpredictable.

---

Definitions:

Aggressively

Characterizes actions or behaviors that are forceful, potentially harmful, and undertaken with strong energy or intensity.

Francisco "Pancho" Villa

A prominent Mexican revolutionary general known for his role in the Mexican Revolution (1910-1920).

Peasant Insurgents

Individuals or groups from a rural or agricultural background who rebel against established authority or government, often due to grievances or oppression.

Latin American

Referring to countries in the Americas where Romance languages (primarily Spanish and Portuguese) are spoken.