Causes of inflation: Cost-push and demand-pull

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Uploaded by on Jun 10, 2010

Use the AD-AS model to explain cost push and demand pull inflation

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  • Quantity Theory of Money FTW

  • I don't agree with the macroeconomic aggregation, but this has truth at the firm level. The differing arguments about how to use the word "inflation" has them pass each other like ships at night. Printing presses do eventually cause price increases, but these ideas don't contradict that.

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