Economics · Inflation

Inflation that is generated primarily due to a rise in aggregate income and consumer purchasing power is known as what?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Hyperinflation
2Structural Inflation
3Cost-Push Inflation
4Demand-Pull Inflation✓

Correct answer

Demand-Pull Inflation

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Inflation that is generated primarily due to a rise in aggregate income and consumer purchasing power is known as what?

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