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Inflationary pressure in an economy my generate good effects on the economy,…
True inflation • It takes place after full employment of all factor…
Hyper Inflation • The price level goes on rising at a very…
Cost Push Inflation • Inflation may originate from supply side also. •…
Inflation may be of different forms, such as: Demand Pull Inflation •…
• Keynes reformulated the Quantity Theory of Money. • In his opinion…
• It states that it is not total money but that portion…
Quality theory of Money can be analysed by two different approaches: (1)…
he Law states that bad money drives good money out of circulation.…
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