A steady increase in the general level of prices as a result of excessive increase in aggregate dema...........

Indian Economy (Easy) Inflation

A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as:

demand-pull inflation

cost-pushinflation

stagflation

structuralinflation

Demand-pull inflation is a period of inflation that arises from rapid growth in aggregate demand. It occurs when economic growth is too fast

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