Answers

2016-03-30T12:52:35+05:30
Demand pull inflation: Inflation caused by increase in the aggregate demand for commodities over aggregate supply is called demand pull inflation . Aggregate demand increases due to increase in the income level of the people. Cost push inflation: Prices of the commodities may increase in the cost of production. Inflation caused by the rise in the cost of production is called cost push Inflation.
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