Answer to Question #147745 in Economics for Londeka

Question #147745
Explain with the aid of a graph the demand pull inflation
1
Expert's answer
2020-12-06T18:25:27-0500

Demand-pull inflation is the upward pressure on prices that follows a sharp increase in aggregate demand. It can be shown as an rightward shift of the aggregate demand curve, as a result the price level and output increases.


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