What is the difference between cost push and demand pull inflation?
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hey your answer here..
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.
I hope it helps_
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.
I hope it helps_
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