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AS Economics - Inflation. This article summarises the main concepts and theories of macroeconomics without attempting rate is the same as the actual inflation rate was termed The Non-Accelerating Inflation. The fundamental problem of macroeconomics is how this transition takes place. In a zero-inflation environment, the webmaster wage must fall and the home health care wage must rise. Monetarist Theory of Inflation. Monetarist Theory. Monetarists argue that if the Money Supply rises faster than the rate of growth of national income then there will be inflation. Macroeconomics Unit IV and V - Inflation, Unemployment, and Economic Growth; Macroeconomics Unit VI - Open Economy, International Trade and Finance. See J. Ahmad, Floating Exchange Rates and World Inflation (1984); A. J. Brown, World. Microeconomics · Macroeconomics History of economic thought Methodology · Heterodox
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