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Demand-pull Inflation Can Aptly Be Described As? - Erudites Academy

Demand-pull inflation can aptly be described as?

by | Nov 8 | Economics WAEC | 0 comments

A. inflation induced by rising costs of production
B. reduction in government expenditure
C. persistent rise in prices due to an increase in expenditure
D. massive importation of goods from a country with hyper-inflation

Correct Answer: Option C

C. persistent rise in prices due to an increase in expenditure

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