“Although the price levels appear to display short-run

“Although the price levels appear to display short-run stickiness in many countries, a change in the money supply creates immediate demand and cost pressures that eventually lead to future increase in the price level.”

Answer: The statement is true. The pressures come from three main sources: excess demand for output and labor; inflationary expectations; and raw material prices.

© 版权声明
THE END
喜欢就支持以下吧
点赞0 分享
评论 抢沙发

请登录后发表评论

    暂无评论内容