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8 October, 07:57

How does demand-pull inflation differ from cost-push inflation?

1-Demand-pull inflation is driven by consumers, while cost-push inflation is driven by producers.

2-Demand-pull inflation is driven by producers, while cost-push inflation is driven by consumers.

3-Demand-pull inflation is driven by the private sector, while cost-push inflation is driven by the government.

4-Demand-pull inflation is driven by the government, while cost-push inflation is driven by the private sector.

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  1. 8 October, 08:06
    0
    A is the answer to this!
  2. 8 October, 08:20
    0
    Your correct answer is A: Demand-pull inflation is driven by consumers, while cost-push inflation is driven by producers.
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