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Inflation.
Title: Inflation.
Category: /Business & Economy/Finances and Investments
Details: Words: 543 | Pages: 2 (approximately 235 words/page)
Inflation.
Category: /Business & Economy/Finances and Investments
Details: Words: 543 | Pages: 2 (approximately 235 words/page)
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 last 75 words of 543 total