Inflation and the Structure of Aggregate Output: Theoretical, Empirical and Policy Issues (Paperback) by Abraham Nwankwo

9781909112759. New condition. Trade paperback. Language: English. Pages: 266. Trade paperback (US). Glued binding. 266 p. Contrary to the Quantity Theory of Money, which in its various forms, implies that increases in output of goods and services will, ceteris paribus, exert downward pressure on the general price level, Dr. Nwankwo in this book, argues that the growth of some components of output could accentuate, rather than dampen inflation.