Cost-Push Inflation and Demand-Pull Inflation

The following two videos discuss how inflation can happen in the economy. They discuss the specific cases of cost-push inflation and demand-pull inflation. Note which of the two curves - Aggregate Demand or Aggregate Supply - causes the inflation problem in each case. The second video discusses a specific case from our history - the demand-pull inflation that occurred in the U.S. under President Johnson.

Last modified: Friday, May 21, 2021, 4:08 PM