Demand pull inflation can aptly be described as
...Demand pull inflation can aptly be described as
Inflation induced by rising costs of production
Reduction in government expenditure
Persistent rise in prices due to increase in expenditure
Massive importation of goods from a country with hyper inflation
Correct answer is C
Demand pull inflation is simply a rise in price as a result of a fall in supply. It is caused by increase in the costs of raw materials or labor that affect the supply of finished goods.
The degree of specialization is limited by the ...
If the marginal utility of good X exceeds that of good Y, this implies that ...
Which of the following is not a direct effort to increase agricultural production? ...
What does the accelerator principles state? ...
What effect would a change in price of a commodity have on its supply? ...
Demand patterns are determined by the market on the basis of ...
Wage freeze is a policy measure aimed at ...
If commodities A & B are jointly demanded, what will be the effect of an increase in the price o...
Despite the benefits large firms enjoy, it could be limited by the ...