Differbetween
Inflation
Difference Between Bargaining Gap and Inflation
A positive bargaining gap opens up and wages and prices will rise. Firms increase wages in response to the fall in unemployment. The price level rises...
Difference Between Cost of Living and Inflation
Cost of living refers to the cost associated with maintaining a certain lifestyle, which varies with places, persons and even cities. On the other han...
Difference Between Demand Pull Inflation and Cost Push Inflation
Demand-pull inflation arises when the aggregate demand increases at a faster rate than aggregate supply. Cost-Push Inflation is a result of an increas...
Difference Between CPI and PCE
The CPI measures the change in the out-of-pocket expenditures of all urban households and the PCE index measures the change in goods and services cons...
Difference Between CPI and Inflation
The CPI measures the average change in prices over time that consumers pay for a basket of goods and services, commonly known as inflation. ... The qu...
Difference Between Demand-Pull and Cost-Push Inflation
Demand pull inflation arises when the aggregate demand becomes more than the aggregate supply in the economy. Cost pull inflation occurs when aggregat...
explain the differences between demand pull inflation and cost push inflation
Demand-pull inflation arises when the aggregate demand increases at a faster rate than aggregate supply. Cost-Push Inflation is a result of an increas...
cost-push inflation causes
Definition: Cost push inflation is inflation caused by an increase in prices of inputs like labour, raw material, etc. The increased price of the fact...
cost push shock
A cost-push shock is defined as a change in inflation that is not a result of pressures in the economy. 1 The wage settlement in 2002 is an example of...