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.
Definition: Cost-push inflation is when supply costs increase or the level of supply decreases. Prices rise in the final good or service if demand remains the same. Supply can be either labor, raw materials, or capital. For more, see Four Factors of Production. It is one of the two causes of inflation. The other is demand-pull inflation, which also includes expansion of the money supply. Cost-push inflation only occurs when demand is inelastic. That means there is a high demand for the good or service even if the price goes up.