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 sometimes expressed as too much spending (or money) chasing too few goods.. Cost-push inflation describes prices rising because of increases in per unit costs of production. Cost-push inflation is most likely to be associated with a negative GDP gap, as the rising production costs reduce spending and output.Demand-pull inflation is more likely to occur with a positive GDP gap, because actual GDP will exceed its potential only when aggregate spending is strong and rising.t is sometimes expressed as too much spending (or money) chasing too few goods.. Cost-push inflation describes prices rising because of increases in per unit costs of production. Cost-push inflation is most likely to be associated with a negative GDP gap, as the rising production costs reduce spending and output.