Demand pull inflation
Demand pull inflation
Glossary of business
Definition of demand pull inflation
Demand pull inflation occurs when aggregate demand exceeds aggregate supply. If there is an excess level of demand in the economy, this will tend to cause prices to rise and this is called demand-pull inflation. It is most likely when the economy is at the boom phase of the business cycle.
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Terminology about business
Job world
Definition and meaning of demand pull inflation
Meaning of demand pull inflation
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