Occasional Tweets: The basics about inflation (III)

 

#LearnEconomics#Inflation

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/I7oXsgaFzN

— E.K-H (@AXECorg) April 4, 2023

For more about inflation see AXECquery.