INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Aggregate Demand-Aggregate Supply Analysis and Economic Stability soru detayı:

PAYLAŞ:

SORU:

Why is it generally accepted in economics that inflation is always a monetary phenomenon?


CEVAP:

Most of the economists today accept that the main factor that drives prices to increase continuously is continuously increasing money supply. This shows that whatever the initial reason to increase price level is, inflation occurs only when increasing money supply accompanies. Therefore, it is generally accepted in economics that inflation is always a monetary phenomenon.