Demand Pull Inflation

Demand-pull inflation caused by increase in aggregate demand due to increased private and government spending, etc. Demand-pull inflation is constructive to a faster rate of economic growth since the excess demand and favorable market conditions will stimulate investment and expansion. The demand-pull inflation occurs when the aggregate demand exceeds the available supply of goods and […]

Concept and Definition of Inflation

In general, inflation means the increase in general price level or decrease in purchasing power of money (or value of money). Inflation usually refers to a general rise in the level of prices of goods and services over a period of time. This is also referred to as price inflation. The term inflation originally referred […]

INFLATION & DEFLATION

Concept and Definition of Inflation In general, inflation means the increase in general price level or decrease in purchasing power of money (or value of money). Inflation usually refers to a general rise in the level of prices of goods and services over a period of time. This is also referred to as price inflation. […]