Demand-pull inflation results when there is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A Inadequate improvement in the wage rate of workers
- B Execessive demand due to high purchasing power
- C Excessive supply of raw materials for production
- D Rise in productivity of the factors of production
- E Excessive rise in the standard of living
Correct Answer: Option B
Explanation:
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