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Which type of inflation is associated with too much money chasing too few goods?
  • a)
    Demand-pull inflation
  • b)
    Cost-push inflation
  • c)
    Creeping inflation
  • d)
    Hyperinflation
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which type of inflation is associated with too much money chasing too ...
Demand-pull inflation is associated with "too much money chasing too few goods." It occurs when aggregate demand exceeds the available output, leading to an upward pressure on prices.
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Which type of inflation is associated with too much money chasing too few goods?a)Demand-pull inflationb)Cost-push inflationc)Creeping inflationd)HyperinflationCorrect answer is option 'A'. Can you explain this answer?
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