use the drop - down menus to complete the statements. when people have more money and eagerly spend it, this…

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

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

Answer

Brief Explanations:

When people have more money and spend it, it boosts aggregate demand. Higher aggregate demand can cause demand - pull inflation. When raw material or labor prices rise, production costs increase, leading to cost - push inflation which results in higher prices for consumers.

Answer:

When people have more money and eagerly spend it, this increases aggregate demand. This leads to demand - pull inflation. When the prices of raw materials or labor increase, this causes an increase in production costs, resulting in higher prices for consumers.