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sergejj [24]
3 years ago
9

(a) Explain the quantity theory and(b) how does the theory explains the cause of inflation​

Business
1 answer:
n200080 [17]3 years ago
5 0
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.
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