Home » Economics » inflation caused by increase in demand is known asinflation caused by increase in demand is known as inflation caused by increase in demand is known as A. cost-push inflation B. hyper-inflation C. demand-pull inflation D. creeping inflation E. runaway inflation Correct Answer: Option C Explanation Related Posts If the reserve requirement for commercial banking in Nigeria were 30%, a commercial bank which… The most important goal of OPEC is to? A firm is said to be a Public Joint-Stock Company when it BY definition, variable cost (VC) is related to total costs (TC) and fixed costs (FC)… If the demand for one commodity excludes another, it is said to be Gains from trade depends on?