Two types of inflation causes
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There are two main types of inflation: demand pull and cost push. Fueled by income and strong consumer demand, demand-pull inflation occurs when the economy demands more goods and services than are available.
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Hello dear your answer
Inflation is defined as a substances increase in general level of prize for goods and services in a country,and is measured as an annual percentage change.... put differently, as inflation rises, every dollar you own buys a smaller percentage of a good or service.
The two type of inflation are
1) Demand pull.
2) Cost push.
Thanks!!!
Inflation is defined as a substances increase in general level of prize for goods and services in a country,and is measured as an annual percentage change.... put differently, as inflation rises, every dollar you own buys a smaller percentage of a good or service.
The two type of inflation are
1) Demand pull.
2) Cost push.
Thanks!!!
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