Cost-push Inflation and Demand-pull Inflation

Mr. Cliford introduces the concept of inflation, focusing on hyperinflation in Zimbabwe as a case study. He explains how the Zimbabwean government printing money led to a 4.5 trillion percent price increase over nine years. The video also covers two other inflation types: cost-push, caused by increased resource prices, and demand-pull, resulting from high demand and limited supply.

How does demand pull inflation occur?

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Discuss the relationship between aggregate demand and inflation.

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