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29 November, 07:29

Demand-pull inflation occurs when the price of goods rises suddenly and extremely fast. consumers begin purchasing more goods. producers need more money to make and distribute goods. the government prints more money and pushes prices up.

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  1. 29 November, 07:50
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    Demand-pull inflation occurs when consumers begin purchasing more goods. Demand for goods and services are going up. It is when the demand outpaces the economy's ability to provide goods & services. Prices increase because of an increase in aggregate spending not fully matched by an increase in aggregate production.
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