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debt/GDP and its macroeconomic determinants (such as primary balance/GDP, real GDP, the inflation rate and the average … causal relationship moving from the primary balance to the real growth rate, as well as a clear influence of the inflation on …
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In this paper the stability of an inflationary process is examined. A dynamic model of the inflation has been developed … based on the quantity theory of money. Some theorists say that any rate of inflation other than zero is inherently instable …. They say that as people become aware of the fact of continues inflation, however slow, they will anticipate inflation and …
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