Demand-Pull Inflation

question 261

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:

Working Conditions

The environment in which an individual works, including aspects such as safety, hours, physical conditions, and job demands.

Underdeveloped Countries

Nations with low levels of industrialization, infrastructure, and human development indices compared to more developed countries.

Transnational Corporations

Large companies operating in multiple countries, not tied to a single nation, and often influencing global trade and economics.

Traditional Corporations

are companies or businesses that operate in conventional sectors with established structures and practices, often focused on manufacturing and production.