Causes of inflation: Demand pull and cost push

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  • Created by: Jade
  • Created on: 13-12-12 13:20
What is demand pull inflation?
Demand pull inflation is increases in the price level caused by increases in aggregate demand
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What is cost push inflation?
Cost push inflation is increases in the price level caused by increases in the costs of production
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What is cost push inflation?

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Cost push inflation is increases in the price level caused by increases in the costs of production

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