Because Demand-Pull Inflation Is Caused by an Increase in the Demand

question 107

True/False

Because demand-pull inflation is caused by an increase in the demand for output, economists say that this type of inflation is actually good for the economy.

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Definitions:

Personality

describes the individual differences in characteristic patterns of thinking, feeling, and behaving.

Environmental Stimuli

External factors or changes in the environment that can elicit a response from organisms.

Castration

The removal of the testicles in males or ovaries in females, often referred to in a metaphorical sense to denote the loss of power or vitality.

Oedipus Complex

A Freudian concept in psychoanalytic theory where a child feels desire for their opposite-sex parent and jealousy towards their same-sex parent.