Which Type of Inflation Occurs When the Demand for Goods

question 39

Multiple Choice

Which type of inflation occurs when the demand for goods and services is greater than the supply?

• A) demand-push
• B) cost-push
• C) demand-pull
• D) supply-side

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Definitions:

Egalitarian Society

A society where all members are considered equal, having the same rights and opportunities.

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A system of administration characterized by strict policies, procedures, and hierarchy intended to ensure efficiency and effectiveness in large organizations.

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