Demand-pull inflation is a period of inflation which arises from rapid growth in aggregate demand. Demand-pull inflation means: ü Excess demand and ‘too much money chasing too few goods.’ ü The economy is at full employment/full capacity. ü The economy will be growing at a rate faster than the long-run trend rate. ü A falling unemployment rate. If a government reduces taxes, households are left with more disposable income in their pockets. This, in turn, leads to increased consumer spending, thus increasing aggregate demand and eventually causing demand-pull inflation. Technological innovation also gives rise to demand in the market for a few goods which eventually carries demand pull inflation in an economy.
National Intellectual Property Award won by which of the following institution for 2021 and 2022?
Five rivers from Punjab (India) enter the river _____ at Mithankot in Pakistan.
Who was awarded the Man of the Match in the final of ICC Asia Cup 2023 for his outstanding performance?
Where is the Ramakrishna Mission headquartered?
The eight-digit number 789459xy, is divisible by 88, where x and y are digits. What are the possible values of x and y ?
In Contemporary Carnatic music, how many Melakarta ragas are there?
The decimal equivalent of (1101)2 is:
Who among the following was the first chief guest to attend the Republic Day in 1950?
Which is the World's first Country to allow the production, sale and consumption of lab created meat?
What is the target for wheat procurement in the current financial year 2022-23, stated in lakh tonnes? Â
