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प्रश्न
Explain Demand-pull and Cost-push inflation.
उत्तर
1. Demand-Pull Inflation:
Demand and supply play a crucial role in deciding the inflation levels in society at all points in time. For instance, if the demand is high for a product and supply is low, the price of the products increases.
2. Cost-Push Inflation:
When the cost of raw materials and other inputs rises inflation results. An increase in wages paid to labour also leads to inflation.
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संबंधित प्रश्न
Inflation means ______.
__________ inflation results in a serious depreciation of the value of money.
__________ inflation occurs when the general prices of commodities increase due to an increase in production costs such as wages and raw materials.
During inflation, who are the gainers?
When prices rise slowly, we call it ______.
__________ inflation is in no way dangerous to the economy.
Define inflation.
Write the types of inflation.
What are the causes and effects of inflation on the economy?
