Inflation.
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Words: 543
Pages: 2
(approximately 235 words/page)
Pages: 2
(approximately 235 words/page)
Essay Database > Business & Economy > Finances and Investments
INFLATION
Types of Inflation:
1)Demand Pull (Demand Inflation):
* Occurs when there is too much spending in the economy. Sometimes described as 'too many dollars chasing too few goods'. When the amounts of money buyers of G&S want to spend increases more rapidly than the supply of G&S, then prices will be bid or 'pulled' upwards. Demand Inflation is more likely to occur when the economy is close to full employment, when
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showed first 75 words of 543 total
showed last 75 words of 543 total