Examlex
The highest point on road surface is called
Demand-Pull Inflation
An economic condition where prices rise because the demand for goods exceeds supply.
Cost-Push Inflation
Inflation caused by an increase in the cost of production, such as higher raw material costs, which is passed on to consumers in the form of higher prices.
Creditors
Creditors are individuals, businesses, or institutions that lend money or extend credit to others, expecting repayment in the future.
Debtors
Individuals or entities that owe money to someone else, usually as a result of borrowing funds.
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