The advantage to demand-pull inflation relative to cost-push inflation is: Your demand-pull inflation decreases output cost-push inflation decreases output and reduces clutter around the households demand-pull inflation increases output and therefore likely creates new jobs cost-push inflation increases volunteer opportunities because more people get laid off demand-pull inflation leads people to stop working so they can go shopping more frequently cost-push inflation requires more force, but demand-pull inflation is less work

Anew 2-lane road is needed in a part of town that is growing. at some point the road will need 4 lanes to handle the anticipated traffic. if the city's optimistic estimate of growth is used, the expansion will be needed in 4 years and has a probability of happening of 40%. for the most likely and pessimistic estimates, the expansion will be needed in 8 and 15 years respectively. the probability of the pessimistic estimate happening is 20%. the expansion will cost $ 4.2 million and the interest rate is 8%. what is the expected pw the expansion will cost?