Ask Question
HistoryHistory
11 March, 14:15

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

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

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

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

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

+1
Answers (2)
  1. 11 March, 16:11
    0
    The correct answer is A.

    The demand-pull inflation is the one generated by factors that affect the demand curve and, therefore, by factors that influence the willingness of consumers. If consumer demand is strong, and many individuals are buying the same product, the prices increases. The same effect can happen to the economy as a whole and is known as demand-pull inflation.

    The cost-push inflation is generated by factors that affect the supply curve, hence, by factors related to the willingness of producers. Such inflation occurs when overall price levels increase due to the rise in the costs of the factors of production used to manufacture the goods and services in an economy, such as labor or raw materials.
  2. 11 March, 17:49
    0
    From E2020 it was

    A. Demand-pull inflation is driven by consumers, while cost-push inflation is driven by producers.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How does demand-pull inflation differ from cost-push inflation? a. Demand-pull inflation is driven by consumers, while cost-push inflation ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In addition to being tough and good fighters, Roman soldiers were also
Answers (1)
What generally happens to temperatures as you move farther away from the Equator? a. They usually get warmer. b. They usually stay the same. c. They usually get cooler.
Answers (1)
In 1966, the supreme court ruled in miranda v. arizona that: question 2 options: suspects could not refuse to cooperate with police. local elections could be monitored by federal officials.
Answers (1)
20 pts What did the Romans think of the Jews?
Answers (1)
Why did so many Native American peoples adopt Christianity in Latin America during the 1500s? a. Missionaries joined Native American tribes and encouraged them to convert. b.
Answers (1)
New Questions in History
Name the group whose member assassinated the Arch Duke in Sarajevo.
Answers (2)
What are some reasons why the musical, Hair, was so controversial? Select all that apply. It included an all-black cast. It disparaged people with long hair . It contained nudity and profanity. It included an integrated cast.
Answers (2)
What where some of the major actions that marked the beginning of the U. S. war on terrorism.
Answers (2)
Does it matter to the babylonians if an action is deliberate or accidental? What's does this tell us about their society
Answers (1)
Which best states how major works produced during the High Renaissance, such as Mona Lisa, affected European culture? a. Major works produced during the High Renaissance emphasized beauty and led to a revival of classical influence. b.
Answers (2)
Home » History » How does demand-pull inflation differ from cost-push inflation? a. Demand-pull inflation is driven by consumers, while cost-push inflation is driven by producers. b.
Sign Up Forgot Password?