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Is it true to say that inflation can only sustain with the increase in money supply?
Inflation can only be sustained if there is a persistent enhance in money supply. If there is only a once-and-for-all enhances in money supply and so as the price level, it is not inflation. For instance, an increase in government expenditure.
what will be the effect on price and quantity when supply and demand changes in different directions but same magnitude?
Services and goods that are used for their ultimate end purpose, meeting some human desire orneed. Consumption may include private consumption (by individuals, financed from their
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using the aggregate demand and supply model (x axis is national output and y axis is price level) if an economy is in a state of disequilibrium where supply is excess of demand u
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