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Há 1 dia · So, what is inflation, how does it affect your practice and what can you do about it? The great Nobel Prize economist Milton Friedman said it best: “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” In recent years, the M2 money supply expanded by approximately 40 ...
Há 1 dia · Milton Friedman argued that consumers are more likely to alter their behavior based on changes in the unemployment rate. short-term changes in the economy. long-term changes in the economy. changes in the inflation rate.
