Question

What is Demand pull and Demand push inflation?​

Answer 1

Cost-push inflation is a type of inflation caused by substantial increases in the cost of important goods or services where no suitable alternative is available. Higher prices are then the result, as costs of production increase due to decreased aggregate supply. It stands in contrast to demand-pull inflation

Answer 2

Answer:

Cost-push inflation is a type of inflation caused by substantial increases in the cost of important goods or services where no suitable alternative is available. Higher prices are then the result, as costs of production increase due to decreased aggregate supply. It stands in contrast to demand-pull inflation.