According to the demand-pull theory of inflation, what is responsible for inflation? a. producers increase production to meet existing demand. b. consumers have too little money to spend. c. prices tend to rise if businesses cannot produce the quantity demanded by consumers. d. the supply of goods causes prices to drop.
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The independence movement in british india resulted in a partition (breaking apart) of the country. in august 1947, two independent countries were formed, one of which was a. ceylon. b. pakistan. c. burma. d. bangladesh.
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Which of the following explains why scarcity is a basic fact of life a. demand will always be greater than supply b. technology has not advanced far enough yet c. there will always be too many people on earth d. people cannot make good allocation decisions
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According to the demand-pull theory of inflation, what is responsible for inflation? a. producers...
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