Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and unemployment falls, as the economy moves along the Phillips curve. This is commonly described as `too much money chasing too few goods`. More accurately, it should be desc.....
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http://en.wikipedia.org/wiki/Demand-pull_inflation
Occurs when aggregate demand exceeds aggregate supply. If there is an excess level of demand in the economy, this will tend to cause prices to rise. This type of inflation is called demand-pull inflation and is argued by Keynesians to be one of the main causes of inflation. Demand-pull inflation is essentially "too much money chasing too few g...
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http://www.encyclo.co.uk/local/20140
This occurs when the excess of aggregate demand over aggregate supply causes an increase in the general level of prices.
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http://www.encyclo.co.uk/local/20140
Occurs when aggregate demand exceeds aggregate supply. If there is an excess level of demand in the economy, this will tend to cause prices to rise. This type of inflation is called demand-pull inflation and is argued by Keynesians to be one of the main causes of inflation. Demand-pull inflation is essentially 'too much money chasing too few goods....
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http://www.encyclo.co.uk/local/20414
Rise in prices (inflation) caused by excess aggregate demand (total demand for goods and services) in the economy. For example, when the economy is in
boom, aggregate demand tends to be rising...
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http://www.encyclo.co.uk/local/20688
An event that affects the demand for goods and services in an economy.
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http://www.encyclo.co.uk/local/22402
A general increase in prices that occurs when demand exceeds supply.
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In economics, demand-pull inflation is a rise in prices caused by an excess of demand over supply in the economy as a whole. When the labour force and all resources are fully employed extra demand will only disappear as a result of rising prices. Popular in the 1960s and 1970s as a 'Keynesian theory' of inflation, the demand-pull theory appeared to...
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http://www.probertencyclopaedia.com/browse/JD.HTM
[
n] - inflation caused by an increase in demand or in the supply of money
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http://www.webdictionary.co.uk/definition.php?query=demand-pull%20inflation
noun inflation caused by an increase in demand or in the supply of money
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https://www.encyclo.co.uk/local/20974
inflation in which rising demand results in a rise in prices. Also calledCf. cost-push inflation.
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https://www.infoplease.com/dictionary/demand-pull-inflation
Demand-pull inflation is an increase in price of goods or services as a result of the aggregate demand for these goods or services being greater than the aggregate supply thus eroding the purchasing power of the currency. In this sense, the economic demand is pulling the purchasing power of the currency down and causing inflation.
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