Ask Question
25 September, 10:38

According to the demand-pull theory of inflation, what is responsible for inflation?

+1
Answers (1)
  1. 25 September, 10:50
    0
    The demand-pull theory of inflation asserts that inflation is caused by aggregate demand is outpacing aggregate supply and price levels are pushed up by this. This is described by the phrase "too much money spent on too few goods."
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “According to the demand-pull theory of inflation, what is responsible for inflation? ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers