Occasional Tweets: The basics about inflation (IV)

 

#LearnEconomics#Inflation

The macroeconomic #LawOfSupplyAndDemand tells one exactly how the nominal #Price P moves under the condition of #MarketClearing as a function of #WageRate W, #Productivity R, & #DeficitSpendingMoneyCreation ρE. pic.twitter.com/ZwmnMDtFN4

— E.K-H (@AXECorg) April 4, 2023

 

For more about inflation see AXECquery.