Inflation caused by an increase in aggregate spending is referred to as
A)cost-push inflation.
B)anticipated inflation.
C)demand-pull inflation.
D)hyperinflation.

Name: Inflation caused by an increase in aggregate spending is referred to as A)cost-push inflation. B)anticipated inflation. C)demand-pull inflation. D)hyperinflation.
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Question

Quizplus · Accepted Answer

Demand-pull inflation occurs when aggregate demand in an economy outpaces aggregate supply, leading to an increase in prices.

Inflation Caused by an Increase in Aggregate Spending Is Referred