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प्रश्न
A state where 'too much money chases too few goods' represents ______.
पर्याय
Demand pull inflation
Cost push inflation
Creeping inflation
Inflation
उत्तर
A state where 'too much money chases too few goods' represents Demand pull inflation.
Explanation:
Demand-pull inflation arises when the economy has an excess of demand over supply, indicating that "too much money chases too few goods." As consumers fight for the limited number of goods and services offered, prices rise overall.
संबंधित प्रश्न
What is meant by ‘Deficit Financing’?
Answer the following question in one or two sentences.
What are the two main causes of inflation?
Cost push inflation is the consequence of ______.
Demand pull inflation may be caused by ______.
Inflation is only caused by demand pull factors.
What is demand pull inflation?
What is cost push inflation?
Give two causes of demand pull inflation.
Give two causes of cost push inflation.
Explain four causes of inflation.
