Question

use the drop - down menus to complete the statements. when people have more money and eagerly spend it, this increases demand. this leads to inflation. when the prices of raw materials or labor increase, this causes an increase in , resulting in cost - push, demand - pull, decreased

Explanation:

When people have more money and spend it, higher demand for goods and services occurs, leading to demand - pull inflation. When raw material or labor prices increase, production costs rise, causing cost - push inflation.

Answer:

First blank: demand - pull
Second blank: cost - push