demand pull inflation is likely to be caused by?

a

an increase in the cost of factors inputs

b

increase in the income tax rate

c

increase in bank lending rates

d

increasingly large budget deficit

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Explanation

Correct Option
a

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Discussions (2)

Chizurumii
3 years ago

Please Myschool try to be careful and meticulous in answering questions.
For the point of asset inflation, when exports rises it leads to a higher demand for a country's currency in turn leads to an increase in the value of the currency.

olohideba
2 years ago

According to the explanation given the correct answer should be C pls

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