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According to the cost-push theory, what is responsible for inflation? A. Producers raise prices to meet increased costs. B. Demand for goods and services exceeds existing supply. C. Too much money is in circulation. D. The economy is operating as though there was a war.
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Asked 4/17/2012 11:31:09 AM
Updated 59 days ago|2/5/2020 12:24:52 PM
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User: According to the cost-push theory, what is responsible for inflation? A. Producers raise prices to meet increased costs. B. Demand for goods and services exceeds existing supply. C. Too much money is in circulation. D. The economy is operating as though there was a war.

Weegy: (b) demand-pull inflation. Too much money chasing too few goods" best describes: demand-pull inflation.
Expert answered|darlingpanda21|Points 0|

Question
Asked 4/17/2012 11:31:09 AM
Updated 59 days ago|2/5/2020 12:24:52 PM
1 Answer/Comment
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Flagged by matahari [2/5/2020 12:24:52 PM]
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According to the cost-push theory, producers raise prices to meet increased costs is responsible for inflation.
Added 59 days ago|2/5/2020 12:24:51 PM
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