The demand cost-push inflation is different from cost-push inflation because the demand-pull inflation arises when the prices of goods and services increase due to increase in demand while the cost-push inflation arises when the prices of goods and services increase due to an increase in production costs.
Further Explanation:
Demand-pull Inflation: This type of inflation arises due to increase in demand increasing and goods.As the demand and prices are inversely proportional. The increased demand puts pressure on the prices which leads to an increase in prices of services and goods. The monetary measures like high-interest rates and fiscal policy that involves low government expenditure and high taxes are used to curb demand-pull inflation.
Cost-push inflation: This type of inflation arises due to an increase in the production cost of services and goods. The producer raises the price of services and goods because the cost of production can rise. They transfer the high production cost to the consumer. The cost production includes labor cost and material cost.high-interest deflationary fiscal policy and monetary policy that involves high rates and reduces consumer spending are used by the government to curb inflation.
Learn more:
1. Learn more about inflation
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2. Learn more about Cost-push rate
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3.Learn more about the inflation rate and economy
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Answer details:
Grade: Middle School
Subject: Economics
Chapter: Inflation
Keywords: Difference between demand-pull inflation and cost-push inflation
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A sentence. A fragment would be " Sometimes movie"
Creon's decree that Polyneices and other rebels should not be given a proper burial according to Greek religious custom is a direct violation of the will of the gods. Antigone is determined to follow the will of the gods (remember, she was born to a cursed family and knows the penalty the gods can exact for attempting to usurp their authority over mortals).
<span>Teiresias is motivated to warn Creon because he "sees" that the gods are angered and are going to destroy him if he follows through with his arrogant and willful (see: hubris) course of action.</span>
Answer:
The sentence should say: Snorkeling and water skiing are Martian Manhunter's favorite pastimes.
Explanation:
Remove the comma after "Snorkeling"