Demand-Pull Inflation

question 29

Multiple Choice

Demand-pull inflation:

• A) is a shortage in demand.
• B) is a lack of demand for local goods.
• C) is an excess in nominal demand across many markets.
• D) is an oversupply of imported goods.

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Definitions:

Productive Work

Work that efficiently achieves goals and produces significant results or outputs.

Self-Discipline

The ability to control one's feelings, impulses, and actions to achieve long-term goals.

Telecommuter

An individual who works remotely, often from home, using technology to perform their job and communicate with colleagues and clients.

Telecommuter

A person who works remotely, often from home, utilizing internet, telephone, and other technologies to perform their job outside of a traditional office.