宏观经济管理学与财务知识分析.pptVIP

Inflation The bulk of changes in the rate of inflation are due to changes in the growth rate of the money stock the growth rate of the money stock (m) can change quickly and substantially changes in the growth rates of real GDP (y) and velocity (v) are generally smaller * Copyright ? 2002 by The McGraw-Hill Companies, Inc. All rights reserved. 第二十八页，共四十九页。 Inflation In the real world, inflation is not always proportional to money growth in the 1980s, both inflation and velocity fell sharply but the money stock grew in the first half of the 1990s, velocity fell meant that high growth of the mo