What is the term for inflation that occurs due to an increase in aggregate demand?
A)demand-pull inflation
B)stagflation
C)cost-push inflation
D)inflationary push

Question

Quizplus · Accepted Answer

Demand-pull inflation is the term used to refer to inflation that happens because of increased demand for goods and services. As the demand goes up, prices rise in order to balance demand and supply, causing inflation. This kind of inflation is also called excess demand inflation.

What Is the Term for Inflation That Occurs Due to an Increase