contestada

What's the primary cause of demand-pull inflation? Question 11 options: The rise of the cost of materials to produce the goods people are buying An increase in wage rates to make up for the ever-increasing cost of living The willingness of consumers to pay higher prices for the things they want An increase in the available supply of the goods and services people seek the most

Respuesta :

jayilych4real

Answer:

An increase in the available supply of the goods and services people seek the most

Explanation:

Demand-pull inflation is an economic term that is used to describe the increase in prices of goods which cause a reduction in supply. It is caused when demand is more than supply at any given point.

Therefore, the primary cause of demand-pull inflation is when there is an increase in the available supply that people seek the most.

Answer: The willingness of consumers to pay higher prices for the things they want

Explanation: took the test

Otras preguntas