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.
What is 'Cost-Push Inflation'. Cost-push inflation is a phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials. Cost-push inflation develops because the higher costs of production factors decreases in aggregate supply (the amount of total production) in the economy.