Demand-pull inflation
Heterodox
Demand-pull inflation is asserted to arise when aggregate demand in an economy is more than aggregate supply. It involves inflation rising as real gross home product rises and unemployment falls, as a economy moves along the Phillips curve. This is commonly spoke as "too much money chasing too few goods." More accurately, it should be subjected as involving "too much money spent chasing too few goods," since only money that is spent on goods as living as services can make-up inflation. This would non be expected to happen, unless the economy is already at a full employment level. it is the opposite of cost-push inflation.