1). inflation due to people expecting prices to rise is called demand-pull inflation.
a). true
b). false
tel the correct answer with examples!!
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Demand-pull inflation is the upward pressure on prices that follows a shortage in supply. Economists describe it as "too many dollars chasing too few goods." Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand
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