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QuizMultiple Choice

Unit 3A Test

Question 1 of 25 • (OC27) Economics-2102310-Sem-Meadows

How does demand-pull inflation differ from cost-push inflation?

Answer
A
Demand-pull inflation is driven by consumers, while cost-push inflation is driven by producers.
B
Demand-pull inflation is driven by producers, while cost-push inflation is driven by consumers.
C
Demand-pull inflation is driven by the private sector, while cost-push inflation is driven by the government.
D
Demand-pull inflation is driven by the government, while cost-push inflation is driven by the private sector.
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