demand-pull inflation
Word Rarity
Rare
Frequency: Zipf frequency 3.99 in modern English
28
Scrabble Score
19
Letters
6
Syllables
12
Unique Chars
Meaning
noun
Inflation arising 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.
Uncountable