According to the quantity theorists,the reason for inflation is ________.

Quantity Theorists

Economists who believe that the quantity of money available in an economy significantly affects its price levels and inflation rates.

Inflation

The rate at which the general level of prices for goods and services is rising, leading to a decrease in the purchasing power of money.

Analyze the relationship between interest rates, inflation, and the money supply in economic policy making.

Verified Answer

Final Answer :

money supply is growing too rapidly

Learning Objectives

Analyze the relationship between interest rates, inflation, and the money supply in economic policy making.