A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as : [CDS 1999]

A steady increase in the general level of prices as a result of excess

1.	A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as : [CDS 1999]
A.	demand-pull inflation
B.	cost-push inflation
C.	stagflation
D.	structural inflation
Answer» B. cost-push inflation