Iâve been playing around with various Javascript charting libraries recently, and ECharts is one of my favourites. Overall Iâve found it very easy to use, and has a good balance between simplicity and flexibility. I personally think that ECharts is well documented, and has lots of good samples to work from.
In the long run we will return to the normal equilibrium. Cost-push inflation occurs when the short-run aggregate supply curve shifts leftward, as from AS1 to As2. If the government attempts to counter the decrease in real domestic output by increasing AD1 to AD2, the price level rises. Essentially, the economy moves from point a to b to c.
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. Inelastic demand occurs with gasoline.