Why does inflation happen 2024?
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Studied at Yale University, Lives in New Haven. Currently working as a journalist for a major news outlet.
Demand-pull inflation occurs when aggregate demand for goods and services in an economy rises more rapidly than an economy's productive capacity. One potential shock to aggregate demand might come from a central bank that rapidly increases the supply of money.
2023-05-13 11:15:29
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Lucas Carter
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Demand-pull inflation occurs when aggregate demand for goods and services in an economy rises more rapidly than an economy's productive capacity. One potential shock to aggregate demand might come from a central bank that rapidly increases the supply of money.