Best summary about our Economy

Demand-pull inflation is the increase in aggregate demand, categorized by the four sections of the macroeconomy: households, business. governments. and foreign buyers.

Demand-pull inflation can be cause by an expanding economy, increased government spending, or overseas growth.

Supply shocks occur when people still have money to spend but cannot do so because shops are closed, or prices have shot up.

The 2020 crisis is a mix of supply and demand shocks, brought on by furloughing and temporarily preventing work in specific sectors. This makes it h...

• On-demand marketplaces established, in the last 10 years, new ways for people to make money - workers could easily monetize their time in specific, narrow services (food delivery, parking, or transportation). 
• These marketplaces automated the matching of supply and demand, ...