I’m trying to study for my Economics course and I need some help to understand this question.
Please answer the following question (150 words minimum).
Will inflation remain low or rise substantially during the next ten years (i..e years 2020 to 2029)? Please justify your answer by referring to data and models in the textbook. You could base your argument on the quantity theory of money, the AS-AD model, or the IS-MP model, or something else.
For full participation points, you will need to comment on at least two posts from your classmates. You might suggest how their idea could have an even broader impact or suggest that the impact they predict is unrealistic. You may be controversial, but ensure you are polite. Make sure your response is thoughtful, substantive, and creative.
Click on Reply below and post your answer. Comment on classmate answers by clicking on Reply below their initial post.