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(a) Explain the quantity theory and (b) how does the theory explains the cause of inflation
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(a) Explain the quantity theory and (b) how does the theory explains the cause of inflation
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May 17, 2022
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(a) Explain the quantity theory and
(b) how does the theory explains the cause of inflation
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The quantity theory is a framework to understand price changes in relation to the supply of money in an economy.
It assumes an increase in money supply creates inflation and vice versa.
Throwit
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May 21, 2022
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