The Demand pull inflation reference article from the English Wikipedia on 24-Apr-2004 (provided by Fixed Reference: snapshots of Wikipedia from wikipedia.org)

Demand pull inflation

Demand pull inflation arises where there is an increase in aggregate demand in an economy relative to aggregate supply. This is commonly described as "too much money chasing too few goods". This would not be expected to persist over time due to increases in supply, unless the economy is already at a full employment level.

The term demand pull inflation is mostly associated with Keynesian economics.

See also : Economics, cost push inflation

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