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单词 Demand pull theory of inflation
释义

Demand pull theory of inflation

英语百科

Demand-pull theory

(重定向自Demand pull theory of inflation)

In economics, the demand-pull theory is the theory that inflation occurs when demand for goods and services exceeds existing supplies. According to the demand pull theory, there is a range of effects on innovative activity driven by changes in expected demand, the competitive structure of markets, and factors which affect the valuation of new products or the ability of firms to realize economic benefits.

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