demand pull inflation
Definition
Sustained increase in the prices of goods and services resulting from a high demand, stimulated by easy credit and hire purchase offers accompanied by insufficient supplies. In general, more inflation is caused by demand-pull factors than by cost-push factors. Also called demand inflation, it is the opposite of cost-push inflation.
demand pull inflation is in the Economics, Politics, & Society subject.
demand pull inflation appears in the definition of the following term: demand inflation
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