Answered

demand-pull inflation is associated with: a. increasing total spending (demand). b. decreasing total spending (demand). c. decreasing costs of production (supply). d. increasing costs of production (supply).



Answer :

okpalawalter8

Demand-pull inflation is associated with: increasing total spending (demand). Option A

What is Demand-pull inflation?

Generally, Demand-pull When the overall demand rises while the supply either stays the same or declines, and inflation results. Prices for products and services rise when supply cannot keep up with rising demand.

Demand-pull When total demand exceeds total supply in an economy, inflation is said to result.

As the economy travels along the Phillips curve, inflation will increase as the real gross domestic product increases and unemployment decreases. This is sometimes referred to as "chasing too much money after too few things."

Read more about Demand-pull inflation

https://brainly.com/question/28190771

#SPJ1

Other Questions