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  Demand–Pull Inflation

Demand–Pull Inflation:

It is loosely explained as “too much money pursuing too few goods”. This refers to the condition where general price level rises since the demand for goods and services exceeds the supply accessible at the existing prices.

Creeping or Persistent inflation:

As the end of World War II that is since 1945 there has been a propensity for prices and wages to push one other upwards. This condition has been explained as persistent or creeping inflation.

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