Question: (a) Illustrate and explain using two (2) diagrams, the difference between demand-pull and cost-push inflation; (b) Provide two examples or causes of each type of
(a) Illustrate and explain using two (2) diagrams, the difference between demand-pull and cost-push inflation;
(b) Provide two examples or causes of each type of inflation (provide brief explanation).
(c) Illustrate and explain using a diagram, how these two forms of inflation interact with each other (provide brief explanation).
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