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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 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 2/5/2020 12:24:52 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
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 2/5/2020 12:24:51 PM
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