楼主: tianjiao95
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[经济] 通货膨胀是一种货币现象吗?请用AS_AD模型评价 [推广有奖]

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tianjiao95 发表于 2013-5-14 00:00:51 来自手机 |AI写论文

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关键词:通货膨胀 模型

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wolfsword 发表于 2013-5-14 11:57:30
If you insist that we should use AS AD model to illustrate the statement that inflation is the phenomenon of money, then please recall the long-run and vertical AS curve. Suppose there is an increase in money supply ( or the expansionary monetary policy ), then AD will shift rightward. You will find that such policy only results in the increase of the price level but not the boom of the GDP.

Of course, in the short-run in which AS is upward-sloping, The shift of AD will influence both the GDP and Price level. However, in the long-run, the self-adjustment mechanism of AS will push the economy return to the potential level of GDP and the total effects of the policy will only create the inflation.

That is why we say that inflation is the phenomenon of money.
迷宗拳:博采众长而卓尔不群...当你认为所有事情都是常识的时候,是时候退出历史舞台了。。。

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