In the long run inflation is explained by __________. For countries that had hyperinflation this source of inflation arose primarily because the government __________

Fill in the blank(s) with correct word

rapid money supply growth, printed money to pay for government expenditures

Economics

You might also like to view...

The short-run equilibrium output of a competitive firm is found by equating marginal cost with price

a. True b. False Indicate whether the statement is true or false

Economics

Profit is equal to

A. total revenue minus total cost. B. total revenue divided by total cost. C. total revenue divided by marginal revenue. D. marginal revenue minus marginal cost.

Economics