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Which of the following inflations describes how demand for goods and services can drive up their prices?

3734Medium DSSSB TGT Computer Science 0 replies 2 views
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Which of the following inflations describes how demand for goods and services can drive up their prices?

  • ACost-push inflation
  • BBuilt-in Inflation
  • CDemand-pull inflation
  • DDemand-push inflation
Correct answer: C

Explanation

Demand-pull inflation occurs when demand for goods and services rises faster than supply and pulls prices up.
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