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demand-pull inflation |
Also found in: Wikipedia, Hutchinson | 0.01 sec. |
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Demand-Pull Inflation A situation in which inflation increases because of a continual increase in consumer demand. Notes: This type of inflation is simply a result of the interaction between supply and demand. As consumers demand a scarce good more and more, the price will inevitably increase. When this happens across the entire economy, inflation results. Demand-pull inflation A theory of inflation or price increases resulting from so-called excess demand. Related: Cost-push inflation.
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