Economy, asked by lakkhi650, 1 year ago

Distinguish clearly between demand pull and cost push inflation


lakkhi650: Distinguish clearly between demand pull and cost push inflation

Answers

Answered by InstaPrince
37

demand pull inflation is one where there is an increase in price level due to the increase in the aggregate demand. On the other hand the cost push inflation is one where price level increases due to the increase in the price of inputs like increase in wages and raw materials.

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