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4.2.3.3 Inflation and deflation
Demand-pull and cost-push influences on the price level
Demand pull inflation
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Demand pull inflation is when there are
rise
in
prices
due to
rapid
growth
in
aggregate
demand.
What causes demand pull inflation?
rapid growth in aggregate demand
What is demand pull inflation?
Demand pull inflation is when there are
rise
in
prices
due to
rapid growth
in
aggregate demand.