Trusted by millions of Kenyans
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

Distinguish between demand pull inflation and cost push inflation.

Distinguish between demand pull inflation and cost push inflation.

Answers


Simon
Distinguish between demand pull inflation and cost push inflation.
In demand pull inflation, increase in the general price levels goes together with the falling unemployment while in cost push inflation the increase in the general price levels and rising unemployment occur simultaneously.

skilled writter answered the question on May 1, 2018 at 16:19

Answer Attachments

Exams With Marking Schemes

Related Questions