One model for explaining this phenomenon relies on the assumption that productive capacity is at its maximum and advocates controlling it via the quantity theory.
One model for explaining this phenomenon relies on the assumption that productive capacity is at its maximum and advocates controlling it via the quantity theory. The "gap" named for this happens when government spending is greater than the difference between production and consumption. Subsidy programs for needed labor can cause the "demand-pull" variety, while the normal kind experienced in the first world is "cost-push." or 10 points, name this phenomenon in which more money is required to buy the same goods, causing a drop in the value of money.
One model for explaining this phenomenon relies on the assumption that productive capacity is at its maximum and advocates controlling it via the quantity theory.
inflation