Demand-pull inflation occurs at the time when the demand for goods increased.
The following information regarding the demand-pull inflation is:
- It represents the imbalance impact with respect to the aggregate supply & demand.
- At the time when the aggregate demand outweighted the aggregated supply so the price should increased.
- Due to this, the demand should increased that means high prices.
Therefore we can conclude that demand-pull inflation occurs at the time when the demand for goods increased.
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