demand-pull inflation
From Wiktionary, the free dictionary
English
Noun
demand-pull inflation (uncountable)
- (economics) Inflation arising when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and unemployment falls, as the economy moves along the Phillips curve.
- Coordinate terms: cost-push inflation, wage-push inflation
Translations
type of inflation
|
Wikiwand - on
Seamless Wikipedia browsing. On steroids.