Latin Meaning: The name Cy is a Latin baby name. In Latin the meaning of the name Cy is: Sun. English Meaning: The name Cy is an English baby name. In English the meaning of the name Cy is: Master, lord. A or Cyrus.
DEFINITION of 'Demand-Pull Inflation'. A term used in Keynesian economics to describe the scenario that occurs when price levels rise because of an imbalance in the aggregate supply and demand. When the aggregate demand in an economy strongly outweighs the aggregate supply, prices increase. Economists will often say that demand-pull inflation is a result of too many dollars chasing too few goods.
Define Demand Pull Inflation. 1  Demand-pull inflation occurs when aggregate demand within the economy increases. Often, the economy is almost at their productive capacity and therefore instead of increase productivity and supply, there is a price increase, therefore increasing inflation. Define Cost Push Inflation.