Occasional Tweets: The basics about inflation (II)

 

#LearnEconomics

The macroeconomic #LawOfSupplyAndDemand and the #ProfitLaw tell one exactly how #Price P & #Profit Qm move as a function of #WageRate W, Productivity R & #DeficitSpendingMoneyCreation ρE. pic.twitter.com/bzY0LbQICJ

— E.K-H (@AXECorg) March 23, 2023

For more about inflation see AXECquery.