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Clearly differentiate between cost push inflation and demand pull inflation

Clearly differentiate between cost push inflation and demand pull inflation.

Answers

Demand pull inflation comes about when there is excessive demand of goods and services where the demand pulls prices upwards, while cost push inflation is caused by an increase in the total coast of production of goods and services leading to increase in prices of commodities where coast of production pushes commodities up.

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Hildah Wafula answered the question on March 8, 2019 at 09:32

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