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What is demand pull inflation? - Economic Applications

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Questions

What is demand pull inflation?

What is meant by demand pull inflation?

Explain demand pull inflation.

One Line Answer

Solution

Demand pull inflation refers to a situation in which prices rise because the demand for goods and services exceeds their total available supply at current prices.

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Causes of Inflation
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Chapter 10: Inflation - QUESTIONS [Page 225]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 10 Inflation
QUESTIONS | Q 2. | Page 225
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 10 Inflation
QUESTIONS | Q 1. | Page 225
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 10 Inflation
QUESTION BANK | Q 6. | Page 226
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 13 Inflation
Exercise | Q 2. | Page 199
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 13 Inflation
Exercise | Q 1. (i) | Page 200
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 13 Inflation
QUESTION BANK | Q 5. | Page 201
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