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Define the term demand pull inflation.

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प्रश्न

Define the term demand pull inflation.

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उत्तर

Demand-pull inflation is a type of inflation that occurs when the aggregate demand for goods and services exceeds the available supply, causing the general price level to rise. It is often described as “too much money chasing too few goods”.

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अध्याय 13: Inflation - Exercise [पृष्ठ २४३]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 13 Inflation
Exercise | Q 2. (ii) | पृष्ठ २४३
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