Monday, February 11th, 2008
With the rapid growth of world’s population the economies took a quick boost, focusing more on increased production in order to maintain the increased demand. The equilibrium in demand and supply has, however, always been a burning question. Governments have been doing efforts along with private sector in developing countries. ...
Posted in Economics, Macro Economics, Pakistan Affairs | No Comments »
Friday, August 10th, 2007
INFLATION:
Inflation means a sustained rise in prices. A situation is said to be an inflationary situation when, either the prices of goods and services or money supply rise. Friedman mentioned inflation as ‘always a monetary phenomenon’. But most of the economists today (including me), do not agree that money supply ...
Posted in Macro Economics | 2 Comments »
