Spec A520QS
Revise Eduqas A Level Economics Inflation and deflation with the lessons, revision guides, and flashcards.
The concepts of inflation, deflation and disinflation. • Demand-pull and cost-push influences on the price level. • Fisher’s equation of exchange MV = PQ and the Quantity Theory of Money in relation to the monetarist model. • The effects of expectations on changes in the price level.