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In the News (Wed 17 Jul 19)

 Built-in inflation - Wikipedia, the free encyclopedia
In Robert J. Gordon's triangle model of inflation, the current inflation rate equals the sum of demand-pull inflation, supply-shock inflation, and built-in inflation.
Built-in inflation is a concept from economics referring to a type of inflation that resulted from past events and persists in the present.
It means that the standard methods of fighting inflation using either monetary policy or fiscal policy to induce a recession are extremely expensive, i.e., meaning large rises in unemployment and large falls in real gross domestic product. /wiki/Built-in_inflation   (467 words)

 Demand pull inflation - Wikipedia, the free encyclopedia
The term demand-pull inflation is mostly associated with Keynesian economics.
Demand-pull inflation arises when aggregate demand in an economy outpaces aggregate supply.
It involves inflation rising as real gross domestic product rises and unemployment falls, as the economy moves along the Phillips curve. /wiki/Demand_pull_inflation   (142 words)

 Tutor2u - Demand Pull Inflation
Demand pull inflation can be illustrated graphically using aggregate demand and aggregate supply analysis.
Demand-pull inflation is often monetary in origin - because the authorities allow the money supply to grow faster than the ability of the economy to supply goods and services.
Demand Pull inflation occurs when total demand for goods and services exceeds total supply. /economics/content/topics/inflation/demand_pull_inflation.htm   (815 words)

 Demand-Pull Inflation
Demand-pull inflation is excessive pressure on the demand side of the economy. /economics/schiller/student/olc/graphics/schiller8econtoday_s/ch07/slideshows/np/sld110.htm   (12 words)

 Virtual Economy Glossary (D-F)
This type of inflation is called demand-pull inflation and is argued by Keynesians to be one of the main causes of inflation.
Keynesians argue that this shortage of demand is one of the key causes of unemployment.
Deflationary policies are policies that are aimed to reduce the level of aggregate demand in the economy and therefore slow down the rate of growth of output. /virtual/economy/library/glossary/glossarydf.htm   (1451 words)

 Inflation and the Phillips Curve
As originally expressed by John Maynard Keynes (1940) and Arthur Smithies (1942), "demand-pull" (or "inflationary gap") inflation is generated by the pressures of excess demand as an economy approaches and exceeds the full employment level of output.
The corresponding "solutions" to the inflation problem are also different: "demand-pull" theorists concentrate on bringing down demand by, for example, reducing government expenditure, while "cost-pushers" call for the alleviation of wage pressure by institutional reform or incomes policies.
Thus, actual inflation is not only a function of the unemployment level in the economy, it is also a function of the distribution of that unemployment across industries. /het/essays/keynes/inflation.htm   (5546 words)

Demand pull inflation is attributable to a rightward shift of the aggregate demand curve.
A first-stage of demand-pull inflation (or deflation) in a market economy is likely to elicit a second-stage of cost-push inflation (or deflation).
If inflation has not been a problem recently and is not expected in the near future, when it does occur the SRAS may have a very shallow upward slope which diverges only slightly from the horizontal. /~dstanford/macro/m7.htm   (5072 words)

 Trev Inflation, costpush, demand pull, inflation in islm
Demand pull inflation was feared in 1950 - high employment and rapid economic growth.
This kind of inflation is called a demand pull inflation.
Many Keynesians never expected that demand pull is the only source of inflation, but stong cost-push tendencies also exist. /docs/MACRO/INFLATIO.htm   (309 words)

 demand-pull inflation - Hutchinson encyclopedia article about demand-pull inflation
For example, when the economy is in boom, aggregate demand tends to be rising quickly, but inflation also rises quickly.
Rise in prices (inflation) caused by excess aggregate demand (total demand for goods and services) in the economy.
Demand, Utility, Scarcity and Transferability (elements of value) /demand-pull+inflation   (107 words)

 Demand pull inflation
The Christian Science Monitor: Grade Inflation Is Not A Victimless Crime Explains that students need an accurate synopsis of their performance.
Inflation Calculator Adjusts a given amount of money for inflation, according to the Consumer Price Index.
Grade Inflation: The Current Fraud Study by M. Thomas and William Bainbridge finds prevalent inflation in poor performing schools. /encyclopedia/article-Demand_pull_inflation_.html   (360 words)

 Cost-Push Inflation Versus Demand-Pull Inflation
In this look at what inflation is and how it works, we will ignore the effects of money supply on inflation and concentrate specifically on the effects of aggregate supply and demand: cost-push and demand-pull inflation.
Demand-Pull Inflation Demand-pull inflation occurs when there is an increase in aggregate demand, categorized by the four sections of the macroeconomy: households, businesses, governments and foreign buyers.
Factors of Inflation Inflation is defined as the rate (%) at which the general price level of goods and services is rising, causing purchasing power to fall. /articles/05/012005.asp   (1357 words)

 Foundation for Teaching Economics Where did the too many dollars come from?
The number they pull out will be the maximum amount they can bid in round one.
Tell students they are now to reach into the can and pull out their life savings.
evaluate the impact of various sources of inflation. /teachers/lessons/prize/where_2many$.htm   (803 words)

 Money and Inflation
Demand pull inflation is a monetary phenomenon since it can’t occur without a higher money growth rate
Demand pull inflation is associated with unemployment below the natural rate
Could distinguish between cost push and demand pull inflation by examining whether inflation is associated with unemployment above or below the natural rate /~fdv3471/fmbmp26.html   (1011 words)

 The Tax Foundation - Night of the Living Keynesians
Economists then were taught that the causes of inflation were 'cost push' or 'demand pull'...
New Zealand's finance minister recently made a hilariously quaint argument against a proposed tax cut plan—it might boost demand and unleash a bout of old fashioned Keynesian "demand pull" inflation.
Inflation is a monetary phenomenon, as Milton Friedman demonstrated in his attack on Keynesian economics. /blog/printer/954.html   (243 words)

 Demand-Pull Inflation - Demanding Inflation? [Virtual Economy]
Inflation Theories - Demand-Pull Inflation - Demanding inflation
Demand-pull inflation will therefore usually occur along with a booming economy.
If demand is growing faster than the level of supply, then prices will increase. /virtual/economy/policy/outcomes/inflation/inflth2.htm   (103 words)

 ThinkEconomics: Macroeconomic Phenomena in the AD/AS Model
Demand pull inflation is inflation caused by sustained or continual increases in aggregate demand.
Extreme demand pull inflation: AD increases and SRAS decreases by the same magnitude and LRAS remains constant and so the price level increases but real GDP remains constant at the full employment level of real GDP.
Inflation (respectively, deflation) is a sustained increase (respectively, decrease) in the general price level over a period of time. /thinkEconomics/simul.html   (288 words)

 chapter 23
The basic method to reduce inflation is to reduce the growth of aggregate demand by using contractionary monetary policy which involves the Federal Reserve reducing the growth of the nominal money supply (results in leftward shift of AD curve).
Contractionary aggregate demand policies reduce inflation by indirectly reducing growth of production costs through creation of unemployed resources (real output will be lower than the natural level of real output while unemployment will be higher than the natural rate of unemployment) and lower than expected inflation.
To shorten the transition period for any given reduction in the growth of aggregate demand (and thereby to reduce the cost of disinflation to society), a method is needed to make expectations of future inflation adjust faster. /instruct/swandal/ECON324f/notes/chp25_26.htm   (1332 words)

 Collinge / Ayers Companion WebSite Chapter 14 -- Fill-in-the-Blanks
Cost-push inflation involves a __________ the aggregate demand curve whereas demand-pull inflation requires a __________ the aggregate demand curve.
Cost-push inflation will cause output to __________ while demand-pull inflation will cause output to __________.
Expansionary fiscal policy would consist of __________ government spending and/or __________ taxes in an effort to shift aggregate demand to the __________. /bookbind/pubbooks/collinge/chapter14/fillinblanks1/deluxe-content.html   (104 words)

 Research Results For Demand-pull Inflation
In economics, demand-pull inflation is a rise in prices caused by an excess of demand over supply in the economy as a whole.
Popular in the 1960s and 1970s as a 'Keynesian theory' of inflation, the demand-pull theory appeared to be supported by the Phillips curve.
This turned out not to be the case, however, and alternative, particularly monetarist, theories of inflation have since dominated. /cgi-bin/   (131 words)

 demand-pull inflation Definition
Price increases which result from an excess of demand over supply.
Discover how inflation works and the affect it can have on the market.
Understand the importance of a global economy and why individuals should make a portion of their investments overseas. /1403/demand_pull_inflation.html   (143 words)

 Demand-Pull Inflation
A sustained rise in the price level caused by increases in aggregate demand /Aly/classes/powerpoint/ch7/sld015.htm   (13 words)

 demand-pull inflation News Articles & Research
Pushing inflation to such high figures is demand-pull inflation as well as cost-push inflation.
...goods produced, change of expectations, etc. Ours is not a demand-pull inflation.
Look for books on demand-pull inflation at Amazon /news/demand-pull_inflation.html   (44 words)

 demand-pull inflation
Demand-pull inflation results from a rise in aggregate demand.
demand » demand elasticity » demand inflation » demand-pull inflation » demonetization » denationalization » depletion
You are here: Home » Investment Dictionary » Economics Terms » demand-pull inflation /glossary/demand-pull-inflation.htm   (38 words)

 Lecture 15 Notes
A fall in aggregate demand shifts the AD curve to the left: total spending in the economy decreases at every price level.
In response to the fall in demand, some firms lower prices but others reduce output and employment.
Lecture 15: Aggregate Demand and Aggregate Supply, Continued /~dxl31/econ14/printer15.html   (80 words)

 demand-pull inflation- WordWeb dictionary definition
Inflation caused by an increase in demand or in the supply of money /en/DEMANDPULLINFLATION   (13 words)

 Demand pull inflation - Infomations about Demand pull inflation
Demand pull inflation - Infomations about Demand pull inflation
sorry, no data found about Demand pull inflation /De/Demand_pull_inflation_9307.html   (17 words)

 Demand Pull Inflation
The resources showcased in this Inflation Essentials are all drawn from tutor2u's BETT Award-winning Economics materials listed below. /themes/inflation/Data_Charts/Demand_Pull_Inflation.htm   (47 words)

 Macroeconomics  Quick Quiz
Actual rate of inflation is higher than the expected rate, the unemployment rate will fall to bring the expected rate and actual rates into balance
Expected rate of inflation is lower than the actual rate, the unemployment rate will rise to bring the expected and actual rates into balance
Expected rate of inflation is higher than the actual rate, the unemployment rate will fall to bring the expected and actual rates into balance /sites/0070886695/student_view0/chapter15/quick_quiz.html   (863 words)

 Demand Pull Inflation: Economics Paper, Economics Term Paper, Economics Research Paper, Economics Papers, Economics Term Papers
We are in the writing business, in fact, our writers have been writing on economics issues such as Demand Pull Inflation for over 7 years.
Demand Pull Inflation: Economics Paper, Economics Term Paper, Economics Research Paper, Economics Papers, Economics Term Papers
At, we specialize in writing on such topics as Demand Pull Inflation. /keywords/demand-pull-inflation.shtml   (275 words)

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