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Demand-pull Inflation
Inflation that occurs when the demand for goods and services exceeds their supply, leading to an increase in prices.
Demand-pull Inflation
A situation where inflation is caused by an increase in demand for goods and services, exceeding the available supply.
Cost-push Inflation
Inflation caused by an increase in production costs, such as raw materials and wages, which leads to a decrease in the supply of goods and services at the same price levels.
Social Security
A government program that provides financial assistance to individuals who are retired, disabled, or otherwise unable to earn sufficient income through employment.
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