Why did inflation increase during the 1970s? In which decades did velocity growth break the link between

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Why did inflation increase during the 1970s? In which decades did velocity growth break the link between money growth and inflation?

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 21, 2018 06:48 AM

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Why did inflation increase during the 1970s? In which decades did velocity growth break the link between

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Inflation increased in the 1970s because the growth rate of the quantity of money inc...View the full answer

Foundations of Macroeconomics

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